

MCQOPTIONS
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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. | |