Foreign-exchange markets by selling foreign currencies

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Reference no: EM13885515

If the Federal Reserve intervenes in the foreign-exchange markets by selling foreign currencies

A. the U.S. money supply rises and foreign currencies depreciate.

B. the U.S. money supply falls and foreign currencies depreciate.

C. the U.S. money supply rises and foreign currencies appreciate.

D. the U.S. money supply falls and foreign currencies appreciate.

Reference no: EM13885515

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