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

Author Question: According to Mundell, countries to constitute an optimal currency area need to satisfy one of the ... (Read 88 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jun 30, 2018
According to Mundell, countries to constitute an optimal currency area need to satisfy one of the two conditions. Explain these conditions.
 
  What will be an ideal response?

Question 2

Which of the following represents a dimension of technological progress?
 
  A) larger quantities of output for given quantities of capital and labor
  B) better products
  C) a larger variety of products
  D) new products
  E) all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

Mundell argued these countries need to satisfy one of the two conditions: 1 ) the countries have to experience similar shocks, then they would have chosen roughly the same monetary policy; 2 ) Or, if the countries experience different shocks, they must have high factor mobility.

Answer to Question 2

E


futuristic

  • Member
  • Posts: 638
Reply 2 on: Jun 30, 2018
Excellent

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

A freshly applied autograft. Note that the donor skin has been perforated so that it can be stretche A freshly applied autograft. Note that the donor skin has been perforated so that it can be stretche
Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
The popliteal area. Avoid heavy pressure over the back of the knee joint. The popliteal area. Avoid heavy pressure over the back of the knee joint.
How to find the volume and surface area of any cylinder How to find the volume and surface area of any cylinder
To satisfy the inequality, sketch the following function by hand and shade the graph regions. To satisfy the inequality, sketch the following function by hand and shade the graph regions.
100 dollars Iraqi Currency لعمله العراقيه 100 dollars Iraqi Currency لعمله العراقيه
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library