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 86 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
YES! Correct, THANKS for helping me on my review


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library