« previous next »

Author Question: What are the differences between the real exchange rate and nominal exchange rate? Explain. What ... (Read 42 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
What are the differences between the real exchange rate and nominal exchange rate? Explain.
 
  What will be an ideal response?

Question 2

Which of the following individuals first discovered the relationship between unemployment and inflation for the United States?
 
  A) Solow and Friedman
  B) Samuelson and Solow
  C) Friedman and Phillips
  D) Friedman and Phelps


javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 30, 2018
Answer to Question 1

The real exchange rate, EP/P, represents the relative price of domestic goods in terms of foreign goods. The nominal exchange rate, E, is the pound price of domestic currency or, equivalently, the relative price of domestic currency in terms of foreign currency.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: Jun 30, 2018
Correct answers!


javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

NMD differences between yeast and mammals NMD differences between yeast and mammals
Bacteria exchange DNA by several processes Bacteria exchange DNA by several processes
Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
The consequences of a single exchange between two nonsister chromatids The consequences of a single exchange between two nonsister chromatids
Number line (real numbers) Number line (real numbers)
Video: Protein catabolism - deamination

For a complete list of videos, visit our video library