What would be the impact of an expansionary monetary policy on an economy with a floating exchange rate, holding other f

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answerhappygod
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What would be the impact of an expansionary monetary policy on an economy with a floating exchange rate, holding other f

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What would be the impact of an expansionary monetary policy on
an economy with a floating exchange rate, holding other factors
constant?
Select one:
a. Appreciation of local currency
b. Local currency remains unchanged
c. Higher nominal interest rates
d. Depreciation of local currency
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