How will the exchange rate (foreign currency per dollar) respond to an increase in the relative rate of productivity growth in the U.S. in the long run?;which of the following out of the choices are correct? (A. B. C. or D.);A. Exchange rates will fall.;B. The exchange rate will be affected in the short run, but not in the long run.;C. Exchange rates will be unaffected by changes in the relative rate of productivity growth in the U.S., both in the short run and in the long run.;D. Exchange rates will rise.
Paper#24666 | Written in 18-Jul-2015Price : $22