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Author Question: A defining feature of new growth theory is that it involves economic models of growth which account ... (Read 97 times)

kaid0807

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on: Jun 30, 2018
A defining feature of new growth theory is that it involves economic models of growth which account for
 
  A) political changes. B) capital flight.
  C) technological progress. D) population increases.

Question 2

What will be the likely effect of an increase in the demand for American goods in the markets of Mexico on the demand for dollars and the exchange rate between dollars and pesos?
 
  What will be an ideal response?


uniquea123

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

C

Answer to Question 2

An increase in the demand for American goods in the markets of Mexico will result in an increase in the demand for dollars. This will cause the dollar to appreciate and the peso to depreciate.


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