In the short-run, any rise in the real exchange rate, EP /P, will cause
A) an upward shift in the aggregate demand function and a reduction in output.
B) an upward shift in the aggregate demand function and an expansion of output.
C) a downward shift in the aggregate demand function and an expansion of output.
D) an downward shift in the aggregate demand function and a reduction in output.
E) an upward shift in the aggregate demand function but leaves output intact.
Question 2
In the 2-factor, 2 good Heckscher-Ohlin model, an influx of workers from across the border would
A) move the point of production along the production possibility curve.
B) shift the production possibility curve outward, and increase the production of both goods.
C) shift the production possibility curve outward and decrease the production of the labor-intensive product.
D) shift the production possibility curve outward and decrease the production of the capital-intensive product.
E) shift the possibility curve outward and displace preexisting labor.
Evolutionary shift in plant life cycle stage dominance.
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
a) Shift your weight at the end of your reach. b) Avoid overreaching.
The respiratory system and the process of gas exchange.
A track inside an ignition coil is not a short, but rather it is a low-resistance path or hole that ...
A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs