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Author Question: If the economy is in the expansion phase of a business cycle and investment increases, when the ... (Read 117 times)

ereecah

  • Hero Member
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  • Posts: 530
on: Jun 29, 2018
If the economy is in the expansion phase of a business cycle and investment increases, when the multiplier effect kicks in, the expansion
 
  A) is not effected.
  B) peaks.
  C) picks up speed.
  D) reverses.
  E) slows down.

Question 2

A country undertakes a revaluation in order to
 
  A) decrease its net exports. B) move to a flexible exchange rate system.
  C) lower the value at which its currency is pegged. D) increase its net exports.


blfontai

  • Sr. Member
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  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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