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Author Question: The exchange rate is volatile because A) the demand curve and the supply curve are horizontal. ... (Read 112 times)

Engineer

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on: Jun 29, 2018
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


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emilymalinowski12

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

B

Answer to Question 2

FALSE


Engineer

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Reply 2 on: Jun 29, 2018
:D TYSM

sailorcrescent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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