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If Kenya Experienced Capital Flight, the Supply of Kenyan Schillings

Question 42

Multiple Choice

If Kenya experienced capital flight, the supply of Kenyan schillings in the market for foreign-currency exchange would shift


A) left, which would make the real exchange rate of the Kenyan schilling appreciate.
B) left, which would make the real exchange rate of the Kenyan schilling depreciate.
C) right, which would make the real exchange rate of the Kenyan schilling appreciate.
D) right, which would make the real exchange rate of the Kenyan schilling depreciate.

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