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Author Question: Devaluation of a country's currency is likely to. a. raise the prices of imported goods b. ... (Read 101 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


cdmart10

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Reply 3 on: Yesterday
Gracias!

 

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