Author Question: In a fixed exchange rate system, an increase in the exchange rate at which a currency is pegged is ... (Read 168 times)

fasfsadfdsfa · **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