« previous next »

Author Question: If the dollar depreciates against the Indian rupee A) The value of Indian imports to the United ... (Read 116 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
If the dollar depreciates against the Indian rupee
 
  A) The value of Indian imports to the United States does not change.
  B) Indian imports to the U.S. become less expensive.
  C) U.S. exports to India become more expensive.
  D) U.S. exports to India become less expensive.

Question 2

If the absolute value of the tax multiplier equals 1.6, real GDP is 13 trillion, and potential real GDP is 13.4 trillion, then taxes would need to be cut by ________ to restore the economy to potential real GDP.
 
  A) 250 billion
  B) 400 billion
  C) 640 billion
  D) None of the above are correct. Taxes should be increased in this case.


mtmmmmmk

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

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?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Indian Wolf Indian Wolf
U.S. oil imports U.S. oil imports
The cultural script in the United States is for males to be the initiators and females the ... The cultural script in the United States is for males to be the initiators and females the ...
Cohabitation in the United States Cohabitation in the United States
Prevalence and Sex Distribution of Top 10 Autoimmune Diseases Diagnosed in the United States Prevalence and Sex Distribution of Top 10 Autoimmune Diseases Diagnosed in the United States
Timeline of some of the key changes to the Indian Act: Practices of assimilation and responses to it Timeline of some of the key changes to the Indian Act: Practices of assimilation and responses to it
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library