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A Short-Run Depreciation of the British Pound Would Be Consistent

Question 73

Multiple Choice

A short-run depreciation of the British pound would be consistent with:


A) a temporary fall in the British money supply.
B) a temporary fall in the European money supply.
C) a temporary rise in the European money supply.
D) either a temporary fall in the British money supply or a temporary rise in the European money supply.

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