Author Question: In 2005, China increased the price of its currency while continuing to pursue a fixed exchange rate. ... (Read 78 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
In 2005, China increased the price of its currency while continuing to pursue a fixed exchange rate. This change in policy is called
 
  A) an appreciation.
  B) a depreciation.
  C) a peg.
  D) a devaluation.
  E) a revaluation.

Question 2

If output per capita grows by a constant 3 per year, then the standard of living would grow by about ________ over 4 years.
 
  A) 13
  B) 14
  C) 15
  D) 16
  E) 17



strudel15

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

For a complete list of videos, visit our video library