This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The credibility theory of EMS had as an effect A) the inflation rates of member countries ... (Read 44 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
The credibility theory of EMS had as an effect
 
  A) the inflation rates of member countries converging to the low German levels, a result that was not matched by similar countries who did not fix their exchange rates.
  B) the inflation rates of member countries failing to converge to the low German levels.
  C) the inflation rates of member countries converging to the low German levels, but other countries including U.S. and Britain also reduced inflation in this time period without fixing exchange rates.
  D) the inflation rate in Germany rose to match the inflation rates of other member countries.
  E) the inflation rate in the U.S. dropped to the low German levels.

Question 2

The AA schedule shows
 
  A) Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
  B) Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
  C) Interest rate and output pairs at which only the foreign exchange market is in equilibrium.
  D) Exchange rate and output pairs at which only the foreign exchange market is in equilibrium.
  E) Exchange rate and output pairs at which only the domestic money market are in equilibrium.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Excellent

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

The greenhouse effect: heat trapping by earth's atmosphere. The greenhouse effect: heat trapping by earth's atmosphere.
The Greenhouse Effect The Greenhouse Effect
Occupational Prestige: How The United States Compares With Sixty Countries Occupational Prestige: How The United States Compares With Sixty Countries
Newly Industrialized Countries Newly Industrialized Countries
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
The four identity statuses proposed by Marcia, based on Erikson's theory The four identity statuses proposed by Marcia, based on Erikson's theory
Video: Pasteur's Experiment

For a complete list of videos, visit our video library