[Answered] When most shocks to the economy are external, it is generally better to have A) a flexible rate ...

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

Author Question: When most shocks to the economy are external, it is generally better to have A) a flexible rate ... (Read 42 times)

londonang

Hero Member
Posts: 540

on: Jun 30, 2018

When most shocks to the economy are external, it is generally better to have

A) a flexible rate system.
B) a hard peg.
C) a soft peg.
D) a crawling peg.

Question 2

Based on Table 3.1, the opportunity cost of a pair of shoes in the United States is

A) three computers.
B) two computers.
C) one computer.
D) one-half computer.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

djofnc

Sr. Member
Posts: 318

Reply #1 on: Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

D

londonang

Member
Posts: 540

Reply 2 on: Jun 30, 2018

Thanks for the timely response, appreciate it

connor417

Member
Posts: 329

Reply 3 on: Yesterday

Excellent

« previous next »

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.