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Author Question: The ratio of the dollar price of a toy in the U.S. to the dollar price of a toy in China represents ... (Read 48 times)

fnuegbu

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on: Jun 30, 2018
The ratio of the dollar price of a toy in the U.S. to the dollar price of a toy in China represents the ________ between the two currencies.
 
  A) nominal exchange rate B) ordinal exchange rate
  C) expected exchange rate D) real exchange rate

Question 2

Taxation and government spending are examples of fiscal policy tools used to stabilize an economy.
 
  Indicate whether the statement is true or false
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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reversalruiz

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


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