Author Question: Suppose there are two countries, X and Y. If the exchange rate, as measured in X's currency, is ... (Read 96 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
Suppose there are two countries, X and Y. If the exchange rate, as measured in X's currency, is currently 9, what do citizens of the nation of Y see when they read their newspapers?
 a. The exchange rate for X's currency is 9.
  b. The exchange rate for X's currency is more than 9.
  c. The exchange rate for X's currency is 3.
  d. The exchange rate for X's currency is 0.11.
  e. Knowing one exchange rate does not mean we can tell the other exchange rate.

Question 2

Which one of the following will shift the investment demand curve leftward?
 a. A technological breakthrough.
  b. Lower tax rates.
  c. Optimistic business expectations.
  d. A lower rate of capacity utilization.
  e. None of these.



mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

e



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library