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15 Jun 2018
In a currency crisis, investors demand for the currency falls and demand shifts ___. This results in a ____ of the currency. In response the country can defend the exchange rate by ____ supply of the local currency.
A. left, appreciation, increasing
B. left, depreciation, decreasing
C. right, appreciation increasing
D. right, depreciation decreasing
In a currency crisis, investors demand for the currency falls and demand shifts ___. This results in a ____ of the currency. In response the country can defend the exchange rate by ____ supply of the local currency.
A. left, appreciation, increasing
B. left, depreciation, decreasing
C. right, appreciation increasing
D. right, depreciation decreasing
Bunny GreenfelderLv2
16 Jun 2018
