Suppose that the latest consumer price index cpi release


Suppose that the latest Consumer Price Index (CPI) release shows a higher inflation rate in the U.S. than was expected. Everything else held constant, the release of the CPI report would immediately cause the demand for U.S. assets to ________ and the U.S. dollar would ________.

A. increase; appreciate

B. increase; depreciate

C. decrease; appreciate

D. decrease; depreciate

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Business Economics: Suppose that the latest consumer price index cpi release
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