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Author Question: Devaluation of a country's currency is likely to. a. raise the prices of imported goods b. ... (Read 104 times)

xclash

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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.


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akemokai

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


xclash

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

chjcharjto14

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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