suppose the u.s. economy is producing at the natural rate of output. a depreciation of the foreign currency will cause in u.s. real gdp in the short run and in u.s. inflation in the long run, everything else held constant. (assume the depreciation causes no effects in the supply side of the economy.) a) an increase; an increase b) a decrease; an increase c) an increase; a decrease d) a decrease; a decrease
