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Ceteris Paribus, a Rise in Interest Rates in Canada Will

Question 178

Multiple Choice

Ceteris paribus, a rise in interest rates in Canada will cause the yen price of the dollar in international exchange markets to ________; that is, the Canadian dollar ________ in value against the yen.


A) increase; appreciates
B) increase; depreciates
C) decrease; depreciates
D) decrease; appreciates

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