This topic contains a solution. Click here to go to the answer

Author Question: To cool off an inflationary economy, a government might ________. A) lower interest rates B) ... (Read 34 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
To cool off an inflationary economy, a government might ________.
 
  A) lower interest rates
  B) raise interest rates
  C) lower foreign exchange rates
  D) raise foreign exchange rates

Question 2

The exchange rate at the beginning of a year between the Indian Rupee (R) and the U.S. dollar is R43.125/. The annual inflation rates in India and in the United States are 19 percent and 3 percent respectively.
 
  What would be the new exchange rate at the end of the year?
  A) R49.8224/
  B) R37.327/
  C) R0.0267/
  D) 37.327/R



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tuwy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

A




daltonest1984

  • Member
  • Posts: 536
Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library