Suppose that last year 1 us exchange for 22 euros this year, Business Economics

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Suppose that last year 1 us exchange for 22 euros this year

Suppose that last year $1 US exchange for 2.2 Euros. this year, however, $1 exchange for 2.3 euros. as a result of this stronger dollar, the United States' short-run aggregated (SRAS) curve shifted to the right. Why did a stronger dollar cause SRAS to increase?

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Business Economics: Suppose that last year 1 us exchange for 22 euros this year

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Business Economics: Suppose that last year 1 us exchange for 22 euros this year

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