This topic contains a solution. Click here to go to the answer

Author Question: After continuing crises in 1993, the EMS countries A) agreed to entirely abandon the system. B) ... (Read 63 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
After continuing crises in 1993, the EMS countries
 
  A) agreed to entirely abandon the system.
  B) stood firm, refusing to adjust central parities.
  C) narrowed the band of allowable fluctuations around central parities.
  D) removed France from its leading role in the system.
  E) widened the band of allowable fluctuations around central parities.

Question 2

At the current steady state capital-labor ratio, assume that the steady state level of per capita consumption, (C/N), is greater than the golden rule level of steady state per capita consumption. Given this information, we can be certain that
 
  A) a reduction in the saving rate will cause a decrease in the steady state level of per capita consumption ((C/N)).
  B) an increase in the capital-labor ratio will cause an increase in (C/N).
  C) the capital labor ratio will tend to decrease over time.
  D) the capital labor ratio will tend to increase over time.
  E) a reduction in the saving rate will have an ambiguous effect on (C/N).



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

E

Answer to Question 2

E




Davideckstein7

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Wow, this really help


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library