Multiple Choice
The net-export effect of contractionary monetary policy is
A) the depreciation of the value of the dollar and a resulting increase of U.S. net exports.
B) the depreciation of the value of the dollar and a resulting decrease of U.S. net exports.
C) the appreciation of the value of the dollar and a resulting increase of U.S. net exports.
D) the appreciation of the value of the dollar and a resulting decrease of U.S. net exports.
Correct Answer:
Verified
Correct Answer:
Verified
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