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 128 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
Wow, this really help

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

The Calvin Cycle Was Determined by Isotope Labelling Methods The Calvin Cycle Was Determined by Isotope Labelling Methods
blood supply blood supply
The tertiary of a transfer RNA as determined by X-Ray diffraction The tertiary of a transfer RNA as determined by X-Ray diffraction
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library