Multiple Choice
If Kenya experienced capital flight, which of the following best explains the effects?
A) The supply of Kenyan schillings curve would shift left, which would make the real exchange rate of the Kenyan schilling appreciate.
B) The supply of Kenyan schillings curve would shift left, which would make the real exchange rate of the Kenyan schilling depreciate.
C) The supply of Kenyan schillings curve would shift right, which would make the real exchange rate of the Kenyan schilling appreciate.
D) The supply of Kenyan schillings curve would shift right, which would make the real exchange rate of the Kenyan schilling depreciate.
Correct Answer:
Verified
Correct Answer:
Verified
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