Question: Answer if the given statement is True or False , and please give explanation A simultaneous negative supply and demand shocks will definitely cause the

Answer if the given statement is True or False , and please give explanation
Answer if the given statement is True or False , and please
give explanation A simultaneous negative supply and demand shocks will definitely cause

A simultaneous negative supply and demand shocks will definitely cause the domestic currency to appreciate. A negative supply shock will lead to a depreciation of the domestic currency (Hint: draw a picture)

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