A Country's Currency Appreciates Relative to Other Currencies When

question 9

Multiple Choice

A country's currency appreciates relative to other currencies when

• A) its inflation rate exceeds that of other countries.
• B) its rate of economic growth exceeds that of other countries.
• C) its interest rate levels rise more rapidly than elsewhere.
• D) it increases the price of gold.
• E) gold flows into the country from abroad.

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