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Author Question: Other things remaining the same, if a nation's real GDP rises, the demand to hold money: a. Falls. ... (Read 66 times)

justinmsk

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Other things remaining the same, if a nation's real GDP rises, the demand to hold money:
 a. Falls.
  b. Rises.
  c. Does not change.

Question 2

Which of the following statements is correct, when the exchange rate changes from 2/ to 1.5/?
 a. Both the euro and the dollar depreciate.
  b. The euro () depreciates.
  c. The euro depreciates and the dollar appreciates.
  d. The euro appreciates and the dollar depreciates.
  e. None of the above.



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yotaSR5

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Answer to Question 1

.B

Answer to Question 2

.D




justinmsk

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Reply 2 on: Jun 30, 2018
Wow, this really help


nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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