Author Question: The existence of the J-curve suggests that a real depreciation will cause A) an initial increase ... (Read 27 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
The existence of the J-curve suggests that a real depreciation will cause
 
  A) an initial increase in net exports.
  B) an initial increase in economic activity.
  C) a final reduction in net exports.
  D) an initial reduction in the demand for domestic goods.

Question 2

For this question, assume that the economy is initially operating at the natural level of output. An increase in consumer confidence will cause
 
  A) a reduction in the real wage in the medium run.
  B) an increase in the real wage in the medium run.
  C) no change in the real wage in the medium run.
  D) ambiguous effects on the real wage in the medium run.



katara

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library