Author Question: When a currency depreciates, its value has A) been fixed against the value of another country. ... (Read 39 times)

ec501234 · **on:** Jun 29, 2018

When a currency depreciates, its value has

A) been fixed against the value of another country.
B) fallen against another currency.
C) remained constant against that of another currency.
D) risen against another currency.
E) fluctuated around a particular value.

Question 2

If velocity does not change and if real GDP and the quantity of money grow at the same rate, then the price level

A) does not change and the inflation rate is zero.
B) falls and the inflation rate is negative.
C) rises and the inflation rate is negative.
D) falls and the inflation rate is positive.
E) rises and the inflation rate is positive.