Module9-Q3-answers

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Hailey College of Banking & Finance *

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Economics

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Nov 24, 2024

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PNG

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3. Which of the following statements are true or false regarding events that are likely to lead to appreciation of the Canadian dollar against the US dollar. a. Canada falls in recession. True b. We expect a civil war in the United States. True ¢. The demand for American goods from Canadians increases. False d. The demand for Canadian goods from Americans decreases. False e. Interest rates in Canada increases. True f Interest rates in the United States increases. False
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