Business
Business, 20.12.2019 04:31, babygirlmiller

The republic of gizmovia wants to maintain the exchange rate of its currency, the gizmo, at $0.50, but the current exchange rate for the gizmo is $0.40. if gizmovia uses monetary policy to bring the exchange rate for the gizmo to $0.50, it should interest rates, which will capital outflows of gizmos.
a) decrease; decrease
b) decrease; increase
c) increase; increase
d) increase; decrease

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Answers: 3

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The republic of gizmovia wants to maintain the exchange rate of its currency, the gizmo, at $0.50, b...

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