Author Question: The European Monetary System represented a A) exchange rate regime with 'bands.' B) crawling ... (Read 85 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
The European Monetary System represented a
 
  A) exchange rate regime with 'bands.'
  B) crawling peg.
  C) a flexible exchange rate regime.
  D) none of the above

Question 2

Graphically show and explain the effects of an improvement in the state of technology.
 
  What will be an ideal response?



srodz

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

An improvement in technology shifts the production function up, leading to an increase in output per worker for a given level of capital per worker.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

For a complete list of videos, visit our video library