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The president of the united states announces that he will increase inflation with

The president of the united states announces that he will increase inflation with his new pro-inflation program. if the public believes him, predict what will happen, holding everything else constant, to the exchange rate for the u.s. dollar (relative to other currencies) in the short run. use the foreign exchange market to graphically illustrate your reasoning (don’t forget to label all axes, curves etc.)
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juanitarodriguez
juanitarodriguez
4,6(36 marks)

Cardinal utility is a function that determines the satisfaction of a commodity used by an individual and can be supported with a numeric value. On the other hand, ordinal utility defines that satisfaction of user goods can be ranked in order of preference but cannot be evaluated numerically

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