« previous next »

Author Question: If the dollar depreciates against the Indian rupee A) The value of Indian imports to the United ... (Read 118 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
If the dollar depreciates against the Indian rupee
 
  A) The value of Indian imports to the United States does not change.
  B) Indian imports to the U.S. become less expensive.
  C) U.S. exports to India become more expensive.
  D) U.S. exports to India become less expensive.

Question 2

If the absolute value of the tax multiplier equals 1.6, real GDP is 13 trillion, and potential real GDP is 13.4 trillion, then taxes would need to be cut by ________ to restore the economy to potential real GDP.
 
  A) 250 billion
  B) 400 billion
  C) 640 billion
  D) None of the above are correct. Taxes should be increased in this case.


mtmmmmmk

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Feral pigs in the United States (here Cape Canaveral, Florida) Feral pigs in the United States (here Cape Canaveral, Florida)
A decorated Indian elephant in Jaipur, India. A decorated Indian elephant in Jaipur, India.
Indian Mynah Indian Mynah
Educational Achievement in the United States Educational Achievement in the United States
Decomposition of Productivity Gap Between India and the United States Decomposition of Productivity Gap Between India and the United States
Age structure for the United States Age structure for the United States
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library