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

Author Question: The exchange rate is volatile because A) the demand curve and the supply curve are horizontal. ... (Read 120 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
The exchange rate is volatile because
 
  A) the demand curve and the supply curve are horizontal.
  B) when a relevant factor changes, demand and supply tend to change in opposite directions.
  C) the demand curve is vertical.
  D) the supply curve is vertical.
  E) when a relevant factor changes, demand and supply tend to change in the same direction.

Question 2

Holding everything else constant, the U.S. real exchange rate with Thailand will increase if the dollar depreciates.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

FALSE




Engineer

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Excellent


tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library