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Author Question: Refer to Figure 19-7. If the Indian government pegs its currency to the dollar at a value above ... (Read 178 times)

xroflmao

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on: Jun 29, 2018
Refer to Figure 19-7. If the Indian government pegs its currency to the dollar at a value above .02/rupee, we would say the currency is
 
  A) parity valued. B) undervalued.
  C) overvalued. D) equilibrium valued.

Question 2

If inflation is completely anticipated,
 
  A) lenders lose in the economy. B) borrowers lose in the economy.
  C) firms lose because they incur menu costs. D) no one loses in the economy.


Li Jun

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


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