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

Author Question: If Brazil experienced a period of rapid and unexpected inflation, causing Brazilians to lose ... (Read 136 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
If Brazil experienced a period of rapid and unexpected inflation, causing Brazilians to lose confidence in the local currency (real) as a store of value, which of the following would be least likely to occur?
 a. The value of the Brazilian real would depreciate on the foreign exchange market.
  b. Foreign currency would be used as a substitute for the real.
  c. The real would be used as a store of value in other countries
  d. Brazilians would save less.
  e. The purchasing power of the real would decrease.

Question 2

If a shortage exists in a market, then we know that the actual price is
 a. above the equilibrium price, and quantity supplied is greater than quantity demanded.
  b. above the equilibrium price, and quantity demanded is greater than quantity supplied.
  c. below the equilibrium price, and quantity demanded is greater than quantity supplied.
  d. below the equilibrium price, and quantity supplied is greater than quantity demanded.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshraies

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


pepyto

  • Hero Member
  • *****
  • Posts: 547
Reply #2 on: Jun 30, 2018
Thank you


joshraies

  • Sr. Member
  • ****
  • Posts: 351
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Vision with macular degeneration is experienced with an inability to focus in the center of the visu Vision with macular degeneration is experienced with an inability to focus in the center of the visu
During a total solar eclipse, the solar corona can be seen with the naked eye, during the brief peri During a total solar eclipse, the solar corona can be seen with the naked eye, during the brief peri
Rapid advance of shoreline and Flooding of coastal ecosystem Rapid advance of shoreline and Flooding of coastal ecosystem
Embryonic Period Embryonic Period
Embryonic Period - 5th week Embryonic Period - 5th week
Estimated number of new HIV infections per year over time period in Canada Estimated number of new HIV infections per year over time period in Canada
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library