If a countrys inflation rate rises, which of the following will happen to the demand for

Chapter 0, Problem 58

(choose chapter or problem)

If a countrys inflation rate rises, which of the following will happen to the demand for the countrys currency and the value of the countrys currency on the foreign exchange market? Demand Value a. shift right depreciate b. shift right appreciate c. shift left appreciate d. shift left depreciate e. no change depreciate

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