This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the long run, the exchange rate between two currencies is A) fixed. B) influenced by ... (Read 123 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jun 29, 2018
In the long run, the exchange rate between two currencies is
 
  A) fixed.
  B) influenced by purchasing power parity.
  C) undefined.
  D) constant.
  E) determined so that the current account balance equals zero.

Question 2

If autonomous spending increases by 500 billion and, as a result, equilibrium real GDP increases by 2 trillion, then we know that the
 
  A) expenditure multiplier is 0.25.
  B) MPC equals 1.
  C) expenditure multiplier is 4.0.
  D) expenditure multiplier is 2.0.
  E) MPC is greater than 1.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Caiter2013

  • Member
  • Posts: 607
Reply 2 on: Jun 29, 2018
Gracias!

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional
Local and long–distance cell communication in animals. Local and long–distance cell communication in animals.
Exercise increases the heart rate. Exercise increases the heart rate.
Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
The rate of facilitated diffusion The rate of facilitated diffusion
A heat exchange vest that uses ice packs for cooling A heat exchange vest that uses ice packs for cooling
Video: Ear Animation

For a complete list of videos, visit our video library