

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 | |