Question: 4 An increase in the world relative demand for U.S. output causes A) a short-run real depreciation of the dollar against the euro. E)

4 An increase in the world relative demand for U.S. output causes

4 An increase in the world relative demand for U.S. output causes A) a short-run real depreciation of the dollar against the euro. E) a long-run real appreciation of the euro against the dollar. D) a short-run real appreciation of the euro against the dollar. C) a long-run real depreciation of the dollar against the euro. B) a long-run real appreciation of the dollar against the euro.

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