Question: 7. Other things the same, if the exchange rate changes from 7.6 Dinar per dollar to 2.3 Dinar per dollar, then the dollar depreciates, which

7. Other things the same, if the exchange rate changes from 7.6 Dinar per dollar to 2.3 Dinar per dollar, then the dollar

  1. depreciates, which causes AD to shift right.
  2. appreciates, which causes AD to shift left.
  3. depreciates, which causes AD to shift left.
  4. appreciates which causes AD to shift right.

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