Assume that a country's currency is appreciating. Which of the following conditions would be less likely to be true of this country?
A) The country has a relatively high rate of inflation.
B) The GDP of the country is growing very fast.
C) The country has a relatively high rate of inflation
D) Inflation is increasing at an increasing rate.
E) The country has a relatively low rate of inflation.

Question

Quizplus · Accepted Answer

A country with an appreciating currency is likely to have a relatively low rate of inflation.

Assume That a Country's Currency Is Appreciating