Business, 18.03.2020 17:06 kaylazeiter

If the Fed announces that it will decrease U. S. interest rates, and the European Central Bank takes no action, then the value of the euro will against the value of U. S. dollar (holding other factors constant).Group of answer choices

a. be unchanged

b. depreciate

c. appreciate

d. depreciate but only briefly

Answers: 3

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If the Fed announces that it will decrease U. S. interest rates, and the European Central Bank takes...