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Author Question: In the Mundell-Fleming model, all of the following are true EXCEPT: a. the intersection of the IS ... (Read 76 times)

cookcarl

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on: Jun 30, 2018
In the Mundell-Fleming model, all of the following are true EXCEPT:
 
  a. the intersection of the IS and LM curves determine the equilibrium exchange rate.
  b. the BP curves position is determined by the exchange rate.
  c. the policy choice between fixed and floating exchange rates shifts the BP curve.
  d. the extent of capital mobility determines the slope of the BP curve.
  e. all of the above are true.

Question 2

The National Industrial Recovery Act of 1933 increased competition among firms.
 
  Indicate whether the statement is true or false


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wshriver

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

False


cookcarl

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Reply 2 on: Jun 30, 2018
Gracias!

ricroger

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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