Multiple Choice
Based on this figure, if the official value of krone is fixed at $0.09 per krone, then the Norwegian krone is ____ and the international reserves of Norway will ______ krone per period. 
A) undervalued; increase by 2,000
B) overvalued; decrease by 5,500
C) undervalued; increase by 5,500
D) overvalued; decrease by 2,000
Correct Answer:
Verified
Correct Answer:
Verified
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