This topic contains a solution. Click here to go to the answer

Author Question: The current account surplus A) is a decreasing function of disposable income and an increasing ... (Read 68 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
The current account surplus
 
  A) is a decreasing function of disposable income and an increasing function of the real exchange rate.
  B) is an increasing function of disposable income and an increasing function of the real exchange rate.
  C) is an increasing function of disposable income and a decreasing function of the real exchange rate.
  D) is a decreasing function of disposable income and a decreasing function of the real exchange rate.
  E) is an increasing function of disposable income and a decreasing function of aggregate demand.

Question 2

The J-curve illustrates which of the following?
 
  A) the effects of depreciation on the home country's economy
  B) the immediate increase in current account caused by a currency depreciation
  C) the gradual adjustment of home prices to a currency depreciation
  D) the short-term effects of depreciation on the current account
  E) the Keynesian view of international trade dynamics



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

A

Answer to Question 2

D




wenmo

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library