This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Distinguish between fixed and flexible exchange rate systems. What will be an ideal ... (Read 107 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
on: Jun 29, 2018
Distinguish between fixed and flexible exchange rate systems.
 
  What will be an ideal response?

Question 2

When the price level increases, aggregate planned expenditure decreases, which leads to
 
  A) a rightward shift of the aggregate demand curve.
  B) neither a movement along nor a shift of the aggregate demand curve.
  C) a downward movement along the aggregate demand curve.
  D) an upward movement along the aggregate demand curve.
  E) a leftward shift of the aggregate demand curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

A fixed exchange rate system is a system in which governments peg exchange rates to prevent their currencies from fluctuating. A flexible exchange rate system is a system in which exchange rates are determined by free markets.

Answer to Question 2

D


CORALGRILL2014

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
Gracias!

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Normal red blood cells (RBCs) are flexible and donut-shaped and move with ease through blood ... Normal red blood cells (RBCs) are flexible and donut-shaped and move with ease through blood ...
Enzymatic rate enhancements Enzymatic rate enhancements
Eukaryotic signal transduction systems involving membrane receptors (1–5)/ second messengers (1-4) Eukaryotic signal transduction systems involving membrane receptors (1–5)/ second messengers (1-4)
How to solve rate problems leading to fractional equations (Question 2) How to solve rate problems leading to fractional equations (Question 2)
Frontal systems Frontal systems
River Systems River Systems
Video: Cardiac Cycle (Part 3 of 4)

For a complete list of videos, visit our video library