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Based on This Figure, If the Official Value of Krone

question 47

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Based on this figure, if the official value of krone is fixed at $0.09 per krone, then the Norwegian krone is ________ and the international reserves of Norway will ________ krone per period. Based on this figure, if the official value of krone is fixed at $0.09 per krone, then the Norwegian krone is ________ and the international reserves of Norway will ________ krone per period.   A) undervalued; increase by 2,000 B) overvalued; decrease by 5,500 C) undervalued; increase by 5,500 D) overvalued; decrease by 2,000


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