This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the value of a currency is determined mostly by demand and supply, but with occasional ... (Read 50 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
When the value of a currency is determined mostly by demand and supply, but with occasional government intervention, the exchange rate system is defined as
 
  A) floating. B) fixed. C) Bretton Woods. D) managed float.

Question 2

Gretchen expects the price level to rise from 104 this year to 108 next year, and she is able to incorporate these expectations into her wage contract. If the price level rises to 106 next year instead of 108, which of the following will occur?
 
  A) Gretchen's real wage may rise or fall, depending on the unemployment rate.
  B) Gretchen's real wage will rise.
  C) Gretchen's real wage will fall.
  D) Gretchen's real wage will be unchanged.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

EAN94

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


soccerdreamer_17

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Excellent

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

The colors of peppers are determined by the interaction of several genes The colors of peppers are determined by the interaction of several genes
blood supply blood supply
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
Blood and Nerve Supply of Bone Blood and Nerve Supply of Bone
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library