MCQOPTIONS
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| 1. |
Expansionary monetary policy ? |
| A. | tends to lead to an appreciation of a nation’s currency |
| B. | tends to lead to a depreciation of a nation’s currency |
| C. | usually has no effect on a currency’s exchange value |
| D. | tends to lead to a depreciation of the currencies of other nations |
| Answer» C. usually has no effect on a currency’s exchange value | |