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Author Question: Devaluation of a country's currency is likely to. a. raise the prices of imported goods b. ... (Read 34 times)

xclash

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Devaluation of a country's currency is likely to.
 
  a. raise the prices of imported goods
  b. reduce the prices of exported goods
  c. shift resources into production of exported goods
  d. raise all prices
  e. all of the above

Question 2

In the IS-LM-BP model, when the price variable decreases, the
 
  A) LM curve shifts out.
  B) IS curve shifts out.
  C) LM curve shifts in.
  D) BP curve shifts up.



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akemokai

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Answer to Question 1

E

Answer to Question 2

A




xclash

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


ktidd

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

 

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