Question 2 (3 points) For each of the following events, indicate if they are likely to cause an increase, a decrease or

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Question 2 3 Points For Each Of The Following Events Indicate If They Are Likely To Cause An Increase A Decrease Or 1 (123.16 KiB) Viewed 33 times

Question 2 (3 points) For each of the following events, indicate if they are likely to cause an increase, a decrease or no change to the Canadian exchange rate with the US. Creditors begin to lose faith in the US dollar The US Government passes a bill for medical care for all funded via a special income tax The US restricts its imports of Canadian lumber The US Federal Reserve pursues a new round of quantitative easing, while the Bank of Canada does not. 1. Canadian exchange rate with the US is likely to increase 2. Canadian exchange rate with the US is likely to decrease 3. Canadian exchange rate with the US will remain mostly unchanged