A restrictive monetary policy

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Reference no: EM13985890

1. A restrictive monetary policy, all else equal, will:

a. depreciate the domestic currency.

b. appreciate the domestic currency.

c. all of the above.

d. none of the above.

2. Stating the dollar has strengthened against the yen means the dollar has depreciated.

True

False

Reference no: EM13985890

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