Other things the same, if the U.S. price level rises, then
a. the supply of dollars in the market for foreign-currency exchange increases, so the exchange rate rises.
b. the supply of dollars in the market for foreign-currency exchange increases, so the exchange rate falls.
c. the supply of dollars in the market for foreign-currency exchange decreases, so the exchange rate rises.
d. the supply of dollars in the market for foreign-currency exchange decreases, so the exchange rate falls.
c
Economics
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a. True b. False Indicate whether the statement is true or false
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