Read the news clip, then answer the following question. A fall in the exchange rate unemployment and A. increases; decreases B. increases; increases C. decreases; decreases D. decreases; increases the inflation rate. Loonie Down Amid Soft Chinese Economic Data The Canadian dollar was down to 98 cents US on news that China's international trade growth slowed.

Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter31: Open-Economy Macroeconomics: Basic Concepts
Section31.2: The Price For International transaction: Real And Nominal Exchange Rate
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Read the news clip, then answer the following question.
A fall in the exchange rate
unemployment and
A.
increases; decreases
B.
increases; increases
C.
decreases; decreases
D.
decreases; increases
the inflation rate.
Loonie Down Amid Soft Chinese Economic Data
The Canadian dollar was down to 98 cents US on news that China's international trade growth slowed.
Transcribed Image Text:Read the news clip, then answer the following question. A fall in the exchange rate unemployment and A. increases; decreases B. increases; increases C. decreases; decreases D. decreases; increases the inflation rate. Loonie Down Amid Soft Chinese Economic Data The Canadian dollar was down to 98 cents US on news that China's international trade growth slowed.
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