Question 38 If you go to the bank and notice that a dollar buys more Ghanaian cedis than it used to, then the dollar has O appreciated. Other things the same, the appreciation would make Americans less likely to travel to Ghana. O appreciated. Other things the same, the appreciation would make Americans more likely to travel to Ghana. O depreciated. Other things the same, the depreciation would make Americans less likely to travel to Ghana. O depreciated. Other things the same, the depreciation would make Americans more likely to travel to Ghana.

Question 38 If you go to the bank and notice that a dollar buys more Ghanaian cedis than it used to, then the dollar has O appreciated. Other things the same, the appreciation would make Americans less likely to travel to Ghana. O appreciated. Other things the same, the appreciation would make Americans more likely to travel to Ghana. O depreciated. Other things the same, the depreciation would make Americans less likely to travel to Ghana. O depreciated. Other things the same, the depreciation would make Americans more likely to travel to Ghana.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Open-economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 4CQQ

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