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    International Economics Study Set 9
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    Exam 15: Exchange Rates II: the Asset Approach in the Short Run
  5. Question
    Describe the Effect of a Permanent Increase in the Quantity
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Describe the Effect of a Permanent Increase in the Quantity

Question 69

Question 69

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Describe the effect of a permanent increase in the quantity of money on exchange rates in both the long and short run.

Correct Answer:

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Answered by ExamLex AI

In the short run, a permanent increase i...

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