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Author Question: Personal consumption expenditures include all of the following EXCEPT spending on A) consumer ... (Read 97 times)

littleanan

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on: Jun 29, 2018
Personal consumption expenditures include all of the following EXCEPT spending on
 
  A) consumer durable goods.
  B) consumer nondurable goods.
  C) consumer services.
  D) new housing.

Question 2

Suppose that the exchange rate between the dollar and the peso changed from 6 pesos per dollar to 8 pesos per dollar. This change means that the
 
  A) peso appreciated.
  B) dollar depreciated.
  C) peso depreciated.
  D) Both answers A and B are correct.


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cegalasso

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


littleanan

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ryhom

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Reply 3 on: Yesterday
Wow, this really help

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