This topic contains a solution. Click here to go to the answer

Author Question: In 2008, Germany passed a stimulus package of 29 billion as its economy slowed. This policy action ... (Read 76 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
In 2008, Germany passed a stimulus package of 29 billion as its economy slowed. This policy action follows the ________ to restore full employment.
 
  A) Keynesian viewpoint that supports increases in federal government expenditure
  B) Keynesian viewpoint that supports increases in the money supply
  C) monetarist viewpoint that supports increases in expenditure by the federal government
  D) new classical viewpoint that discourages the use of expenditure by the federal government

Question 2

In the foreign exchange market, how does each of the following influences affect the demand for dollars and the demand curve for dollars?
 
  a) an increase in the exchange rate.
  b) an increase in the U.S. interest rate.
  c) a fall in the expected future exchange rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

a) The increase in the exchange rate decreases the quantity of dollars demanded and creates an upward movement along the demand curve for dollars.
b) An increase in the U.S. interest rate increases the demand for dollars and shifts the demand curve for dollars rightward.
c) A fall in the expected future exchange rate decreases the demand for dollars and shifts the demand curve for dollars leftward.




cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library