Question: which one is correct answer why According to the simple monetary model, if the growth rate of real income is higher in NZ, then _____

which one is correct answer why

According to the simple monetary model, if the growth rate of real income is higher in NZ, then _____ Select one: a. there is no effect on the NZ dollar. b. NZ dollar will depreciate more rapidly. c. NZ dollar appreciates in the short-run, but not in the long-run d. NZ dollar will appreciate more rapidly

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