When E decreases by 3, we know that A) a real appreciation ...

[james]

When E decreases by 3, we know that
 
  A) a real appreciation will occur if P also falls by 3.
  B) a real depreciation will occur if P increases by 3.
  C) nominal appreciation.
  D) nominal depreciation.

Question 2

Suppose the actual unemployment rate increases. This will cause
 
  A) an upward shift in the WS curve.
  B) a downward shift in the WS curve.
  C) an upward shift in the PS curve.
  D) a movement along the WS and the PS curves.
  E) none of the above

[abctaiwan]

Answer to Question 1

D

Answer to Question 2

D

[james]

Gracias!

[JaynaD87]

TYSM