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

Author Question: If the exchange rate changes from 1.5 euros per dollar to 1.0 euro per dollar, the euro has A) ... (Read 254 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
If the exchange rate changes from 1.5 euros per dollar to 1.0 euro per dollar, the euro has
 
  A) depreciated against the dollar.
  B) appreciated against the dollar.
  C) fallen inversely in value.
  D) depreciated against the euro.
  E) appreciated against the euro.

Question 2

According to the equation of exchange, if the quantity of money is 20 billion, velocity 3, and real GDP is 6 billion, then the price level is
 
  A) 10. B) 1.1. C) 2. D) 1.6. E) 40.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

briseldagonzales

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


jwb375

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Wow, this really help

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Effects of Elevation on Heart Rate and Ventilation Effects of Elevation on Heart Rate and Ventilation
Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ... Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ...
A model for RecA-mediated strand exchange A model for RecA-mediated strand exchange
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ... AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Acid-base imbalances - respiratory acidosis and alkalosis

For a complete list of videos, visit our video library