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Author Question: In country A, the government takes no action to influence the exchange rates of its currency with ... (Read 54 times)

EY67

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on: Jun 30, 2018
In country A, the government takes no action to influence the exchange rates of its currency with other currencies. The rate is determined by market forces. Country A is said to have a:
 
  A) flexible exchange rate system. B) fixed exchange rate system.
  C) dirty-float exchange rate system. D) nominal exchange rate system.

Question 2

Refer to Table 11.1. What is the value of the marginal propensity to save?
 
  A) 0.15 B) 0.25 C) 0.75 D) 0.9


Mholman93

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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