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

Author Question: Assuming no change in the nominal exchange rate, how will a decrease in the price level in the ... (Read 107 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Assuming no change in the nominal exchange rate, how will a decrease in the price level in the United States relative to France affect the real exchange rate between the two countries? (Assume the United States is the domestic country.)
 
  A) The real exchange rate will rise.
  B) The real exchange rate will be unaffected.
  C) The real exchange rate will fall.
  D) The impact on the real exchange rate cannot be predicted.

Question 2

According to ________, entrepreneurship does not contribute anything of value to production.
 
  A) Milton Friedman B) Karl Marx
  C) Robert Lucas and Thomas Sargent D) John Maynard Keynes


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


j.rubin

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 29, 2018
Thank you :)


iman

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Factors that Influence Pulse Rate Factors that Influence Pulse Rate
Sea-Level Rise Sea-Level Rise
A model for RecA-mediated strand exchange A model for RecA-mediated strand exchange
Many U.S. regions under threat due to changes in sea level Many U.S. regions under threat due to changes in sea level
By 2100, significant change will be in the far northern latitudes, parts of Asia, and Sub-Saharan By 2100, significant change will be in the far northern latitudes, parts of Asia, and Sub-Saharan
Change in Blood Pressure through the Systemic Circuit Change in Blood Pressure through the Systemic Circuit
Video: Mutations and translation

For a complete list of videos, visit our video library