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Author Question: Proponents of the ________ model argue that the short-run supply curve is vertical. A) the ... (Read 92 times)

swpotter12

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on: Jun 29, 2018
Proponents of the ________ model argue that the short-run supply curve is vertical.
 
  A) the monetarist model B) the new classical model
  C) the new Keynesian model D) the real business cycle model

Question 2

If the price level in the United States is 110, the price level is 120 in Mexico, and the nominal exchange rate is 140 pesos per dollar, what is the real exchange rate from the U.S. perspective?
 
  A) 94 B) 115 C) 128 D) 153


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nickk12214

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


swpotter12

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Dominic

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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