Author Question: Refer to the figure above. When the real exchange rate is below R: A) net exports are negative. ... (Read 43 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
Refer to the figure above. When the real exchange rate is below R:
 
  A) net exports are negative.
  B) net exports are positive.
  C) net exports can be positive or negative depending on the value of R.
  D) net exports are zero.

Question 2

The quantity of labor demanded by a firm depends upon
 
  A) the nominal wage rate not the real wage rate.
  B) the real wage rate not the nominal wage rate.
  C) both the real wage rate and the nominal wage rate.
  D) neither the real wage rate nor the nominal wage rate.
  E) either the real wage rate or the nominal wage rate, depending whether the price level is increasing or decreasing.



miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

For a complete list of videos, visit our video library