« previous next »

Author Question: Why does an exchange rate-output combination lying above both DD and AA jump first to AA in ... (Read 65 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Why does an exchange rate-output combination lying above both DD and AA jump first to AA in equilibrium?
 
  A) Asset prices can adjust immediately.
  B) Production plans can adjust immediately.
  C) to preserve full employment
  D) Prices are nominal and demand is real.
  E) Aggregate demand adjusts faster than output.

Question 2

The median voter model
 
  A) works well in the area of trade policy.
  B) is not intuitively reasonable.
  C) tends to result in biased tariff rates.
  D) does not work well in the area of trade policy.
  E) is not widely practiced in the United States.


cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Gas exchange across body surfaces. Gas exchange across body surfaces.
Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi
Use of combination therapy during tuberculosis therapy to avoid resistance. Use of combination therapy during tuberculosis therapy to avoid resistance.
A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ... A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ...
A spark tester connected to a spark plug wire or coil output. A typical spark tester will fire only ... A spark tester connected to a spark plug wire or coil output. A typical spark tester will fire only ...
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: Brain Lobes Animation

For a complete list of videos, visit our video library