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

Author Question: Since 1973 dirty floats have been required because A) PPP has not held. B) high inflation ... (Read 49 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
Since 1973 dirty floats have been required because
 
  A) PPP has not held.
  B) high inflation countries have stronger currencies than countries with low inflation.
  C) countries are not cooperating as much as original theorists predicted.
  D) in the short run, monetary and fiscal policy only affects the autonomous home economy.
  E) countries with a floating exchange rate have laissez-faire economies.

Question 2

After Norway unilaterally pegs the krone to the euro, domestic money market disturbances will
 
  A) no longer affect domestic output despite the continuation of float-rate regime against non-euro currencies.
  B) now have major effect on domestic output despite the continuation of float-rate regime against non-euro currencies.
  C) have some effect on domestic output despite the continuation of float-rate regime against non-euro currencies.
  D) have major effect on domestic employment despite the continuation of float-rate regime against non-euro currencies.
  E) no longer affect foreign imports despite the continuation of float-rate regime against non-euro currencies.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Smiles0805

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

A

Answer to Question 2

A





 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library