This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Devaluation of a country's currency is likely to. a. raise the prices of imported goods b. ... (Read 40 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Jun 30, 2018
Devaluation of a country's currency is likely to.
 
  a. raise the prices of imported goods
  b. reduce the prices of exported goods
  c. shift resources into production of exported goods
  d. raise all prices
  e. all of the above

Question 2

In the IS-LM-BP model, when the price variable decreases, the
 
  A) LM curve shifts out.
  B) IS curve shifts out.
  C) LM curve shifts in.
  D) BP curve shifts up.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


xclash

  • Member
  • Posts: 681
Reply 2 on: Jun 30, 2018
Excellent

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Natural Resource Prices, 1850–2010 Natural Resource Prices, 1850–2010
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library