Question: If the rate of growth of Australian national income decreases while the rate of growth of national incomes in most other countries remains constant,
If the rate of growth of Australian national income decreases while the rate of growth of national incomes in most other countries remains constant, we would expect: O a. the Australian dollar to appreciate. O b. O C. O d. prices for Australian goods in Australia to fall. the Australian dollar to depreciate. prices for foreign goods in Australia to rise.
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ANSWER A T he Australian dollar to appreciate EX... View full answer
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