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Author Question: If a country's currency is determined only by the demand and supply for that country's currency, the ... (Read 366 times)

Deast7027

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on: Jun 29, 2018
If a country's currency is determined only by the demand and supply for that country's currency, the country is said to have a
 
  A) fixed exchange rate. B) gold standard.
  C) managed float. D) floating exchange rate.

Question 2

If workers and firms expect that inflation will be 3 percent next year, and real wages are not changing over time, by how much will nominal wages increase?
 
  A) more than 3 percent B) 3 percent
  C) less than 3 percent D) depends on actual inflation for next year


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alexanderhamilton

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

D

Answer to Question 2

B


Deast7027

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Reply 2 on: Jun 29, 2018
:D TYSM

essyface1

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Reply 3 on: Yesterday
Excellent

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