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Author Question: Refer to Figure 19-4.The equilibrium exchange rate is atA, $3/pound. Suppose the British ... (Read 311 times)

jessicacav

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on: Mar 16, 2019

Question 1

Figure 19-3










Refer to Figure 19-3.  If the Thai government pegs its currency to the dollar at a value above $.03/baht, we would say the currency is


◦ undervalued.
◦ overvalued.
◦ parity valued.
◦ equilibrium valued.

Question 2

Figure 19-4










Refer to Figure 19-4.  The equilibrium exchange rate is at A, $3/pound. Suppose the British government pegs its currency at $4/pound. At the pegged exchange rate,


◦ there is a shortage of pounds equal to 600 million.
◦ there is a surplus of pounds equal to 400 million.
◦ there is a shortage of pounds equal to 400 million.
◦ there is a surplus of pounds equal to 600 million.
◦ there is a shortage of pounds equal to 200 million.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by jessicacav on Mar 16, 2019

skipfourms123

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jessicacav

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review

bdobbins

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

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