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 125 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
Great answer, keep it coming :)

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Global positioning systems determine latitude, longitude, and altitude by measuring the distance fro Global positioning systems determine latitude, longitude, and altitude by measuring the distance fro
Systems of humans Systems of humans
Sample Workout in the Target Heart Rate Range Sample Workout in the Target Heart Rate Range
Factors that Influence Pulse Rate Factors that Influence Pulse Rate
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
Systems Analysis and Design, 10th Edition Systems Analysis and Design, 10th Edition
Video: Red alga life cycle Animation

For a complete list of videos, visit our video library