This topic contains a solution. Click here to go to the answer

Author Question: In 2008, Germany passed a stimulus package of 29 billion as its economy slowed. This policy action ... (Read 101 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
In 2008, Germany passed a stimulus package of 29 billion as its economy slowed. This policy action follows the ________ to restore full employment.
 
  A) Keynesian viewpoint that supports increases in federal government expenditure
  B) Keynesian viewpoint that supports increases in the money supply
  C) monetarist viewpoint that supports increases in expenditure by the federal government
  D) new classical viewpoint that discourages the use of expenditure by the federal government

Question 2

In the foreign exchange market, how does each of the following influences affect the demand for dollars and the demand curve for dollars?
 
  a) an increase in the exchange rate.
  b) an increase in the U.S. interest rate.
  c) a fall in the expected future exchange rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

a) The increase in the exchange rate decreases the quantity of dollars demanded and creates an upward movement along the demand curve for dollars.
b) An increase in the U.S. interest rate increases the demand for dollars and shifts the demand curve for dollars rightward.
c) A fall in the expected future exchange rate decreases the demand for dollars and shifts the demand curve for dollars leftward.




cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 29, 2018
:D TYSM


upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

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.

For a complete list of videos, visit our video library