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

Author Question: A reduction in the real exchange rate indicates that A) foreign goods are now relatively cheaper. ... (Read 57 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
A reduction in the real exchange rate indicates that
 
  A) foreign goods are now relatively cheaper.
  B) foreign goods are now relatively more expensive.
  C) domestic goods are now relatively more expensive.
  D) both A and C

Question 2

An increase in the minimum wage will tend to cause which of the following?
 
  A) an upward shift in the WS curve
  B) a downward shift in the WS curve
  C) an upward shift in the PS curve
  D) a downward shift in the PS curve
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DylanD1323

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

B

Answer to Question 2

A


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Forces affecting capillary exchange Forces affecting capillary exchange
Video: Introduction to Spirometry

For a complete list of videos, visit our video library