In the early eighties, the Federal Reserve pursed a tight monetary pol – McqOptions

MCQOPTIONS

1.	In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?
A.	decrease; depreciate
B.	decrease; appreciate
C.	increase; depreciate
D.	increase; appreciate
Answer» E.

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