Question: Based on _____________, if there is an unexpected decrease in AUD interest rates due to a change in Australian monetary policy (not inflation expectations), holding

Based on _____________, if there is an unexpected decrease in AUD interest rates due to a change in Australian monetary policy (not inflation expectations), holding all else constant, the current (X0USD/AUD) spot rate would _____________.

Fisher Approach; increase

Asset Market Approach; increase

Asset Market Approach; decrease

Fisher Approach; decrease

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