« previous next »

Author Question: If a country's currency has a market driven value that is higher than economic theory would suggest, ... (Read 77 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 30, 2018
If a country's currency has a market driven value that is higher than economic theory would suggest, the currency is considered to be
 
  A) overvalued.
  B) undervalued.
  C) overestimated.
  D) in arbitrage.

Question 2

If the price level decreases
 
  A) the LM curve will shift to the right.
  B) the LM curve will shift to the left.
  C) the IS curve will shift to the right.
  D) the IS curve will shift to the left.


DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

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.

Early cities were small economic centers surrounded by walls to keep out enemies. These cities had ... Early cities were small economic centers surrounded by walls to keep out enemies. These cities had ...
Set-Point Theory Set-Point Theory
economic question economic question
economic question economic question
economic question economic question
Polar distribution of auxin is driven by asymmetrical positioning of plasma membrane active transpor Polar distribution of auxin is driven by asymmetrical positioning of plasma membrane active transpor
Video: The Vestibular System

For a complete list of videos, visit our video library