An Increase in the Price of the U

question 119

Multiple Choice

An increase in the price of the U.S.dollar in terms of euros will cause,ceteris paribus,

• A)A lower European inflation rate.
• B)Higher interest rates in the United States.
• C)European goods to be cheaper to residents of the United States.
• D)European goods to be more expensive to residents of the United States.

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