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Author Question: Permitting the exchange rate to float A) automatically reduces the real income effects of ... (Read 52 times)

rlane42

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Permitting the exchange rate to float
 
  A) automatically reduces the real income effects of volatility in aggregate expenditures.
  B) will result in dramatic shifts in the balance of payments.
  C) will induce locomotive effects between most trading partners.
  D) will result in the complete crowding-out effect of fiscal spending.

Question 2

The primary goal of an agricultural extension service is to
 
  (a) bring new areas under cultivation.
  (b) increase the yield per hectare.
  (c) introduce land reform.
  (d) assist rural-urban migration.



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Eazy416

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Answer to Question 1

A

Answer to Question 2

B





 

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