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    Exam 14: Macroeconomics in an Open Economy
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    When the Market Value of the Dollar Rises Relative to Other
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When the Market Value of the Dollar Rises Relative to Other

Question 20

Question 20

Multiple Choice

When the market value of the dollar rises relative to other currencies around the world, we say that


A) the dollar has appreciated.
B) the dollar has depreciated.
C) the demand for dollars has increased.
D) the supply of dollars has increased.
E) the dollar has been revalued.

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