Assume Country X's economy is experiencing high rates of inflation. Which of the following policies will control the problem of inflation, and what is the consequent effect on the value of Country X's currency in foreign exchange markets?
A. A contractionary monetary policy will increase interest rates, which will cause the currency to depreciate.
B. A contractionary monetary policy will increase interest rates, which will cause the currency to appreciate.
C. An expansionary monetary policy will decrease interest rates, which will cause the currency to appreciate.
D. An expansionary monetary policy will decrease interest rates, which will cause the currency to depreciate.
E. An expansionary monetary policy will increase interest rates, which will cause the currency to depreciate.