Assume that the us income level rises at a much higher rate, Financial Management

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Assume that the us income level rises at a much higher rate

Assume that the U.S. income level rises at a much higher rate than does the Canadian income level. Other things being equal, how should this affect the (a) U.S. demand for Canadian dollars, (b) supply of Canadian dollars for sale, and (c) equilibrium value of the Canadian dollar?

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Financial Management: Assume that the us income level rises at a much higher rate

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Financial Management: Assume that the us income level rises at a much higher rate

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