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Author Question: In a fixed exchange rate system, an increase in the exchange rate at which a currency is pegged is ... (Read 274 times)

fasfsadfdsfa

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on: Jun 29, 2018
In a fixed exchange rate system, an increase in the exchange rate at which a currency is pegged is called a(n)
 
  A) devaluation. B) revaluation. C) depreciation. D) appreciation.

Question 2

________ can trigger an expansion.
 
  A) An increase in autonomous expenditure
  B) A decrease in induced expenditure
  C) Equality between aggregate expenditure and real GDP
  D) A downward shift of the AE line
  E) A decrease in autonomous expenditure


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frogdreck123456

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

B

Answer to Question 2

A


fasfsadfdsfa

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
Excellent

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