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

Author Question: The quantity of real GDP demanded equals 16.2 trillion when the price level is 90. If the price ... (Read 89 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
The quantity of real GDP demanded equals 16.2 trillion when the price level is 90. If the price level rises to 95, the quantity of real GDP demanded equals
 
  A) less than 16.2 trillion.
  B) 16.2 trillion.
  C) more than 16.2 trillion.
  D) more information is needed to determine if the quantity of real GDP demanded increases, decreases, or does not change.

Question 2

Relative to the yen, from 2007-2012 the U.S. dollar
 
  A) appreciated due to an increase in the interest rate differential and expectations of a higher future exchange rate.
  B) appreciated due to a decrease in the interest rate differential and expectations of a lower future exchange rate.
  C) depreciated due to an increase in the interest rate differential and expectations of a higher future exchange rate.
  D) depreciated due to a decrease in the interest rate differential and expectations of a lower future exchange rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

A

Answer to Question 2

D




Metfan725

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Excellent


yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

 

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?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library