An Increase in the World Relative Demand for U

question 44

Multiple Choice

An increase in the world relative demand for U.S. output causes

• A) a short-run real depreciation of the dollar against the euro.
• B) a long-run real appreciation of the dollar against the euro.
• C) a long-run real depreciation of the dollar against the euro.
• D) a short-run real appreciation of the euro against the dollar.
• E) a long-run real appreciation of the euro against the dollar.

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A specialized agency of the United Nations responsible for international public health concerns.