Homework Clinic
Social Science Clinic => Economics => Topic started by: daltonest1984 on Jun 30, 2018
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A currency is overvalued if its exchange rate vis--vis a foreign currency is:
A) at the equilibrium exchange rate. B) not pegged.
C) below the equilibrium exchange rate. D) above the equilibrium exchange rate.
Question 2
Auto workers laid off from Hot-Rod Autoworks as the result of a recession are considered
A) seasonally unemployed. B) frictionally unemployed.
C) structurally unemployed. D) cyclically unemployed.
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Answer to Question 1
D
Answer to Question 2
D