According to Historical Data, What Is the Effect of a Sharp

question 86

Multiple Choice

According to historical data, what is the effect of a sharp change in the current account on the exchange rate (both in the short and long run) ?

• A) At first, home currency will depreciate as CA balance falls, but over time, currency will begin to depreciate.
• B) At first, home currency will appreciate as CA balance falls, but over time, currency will begin to depreciate.
• C) At first, home currency will appreciate as CA balance rises, but over time, currency will begin to depreciate.
• D) At first, home currency will depreciate as CA balance falls, but over time, currency will begin to appreciate.
• E) At first, home currency will appreciate as CA balance falls, but over time, currency will begin to appreciate.

---

Definitions:

Legacy Of Slavery

The enduring social, economic, and cultural impacts of slavery, particularly affecting African American communities and influencing contemporary societal structures and inequalities.

Equal Access

The principle or goal of providing all individuals with the same opportunities or access to services, resources, or institutions, without discrimination or bias.

Public Office

Positions of authority or service in a government or community, held by individuals tasked with serving the public interest.

Non-Discrimination

The principle of treating all people equally, without bias towards race, gender, age, or other characteristics.