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Author Question: If it is said that a currency is overvalued against the dollar, it is meant that: A) the dollar ... (Read 188 times)

deesands

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on: Jun 30, 2018
If it is said that a currency is overvalued against the dollar, it is meant that:
 
  A) the dollar is worth more of that currency than it would have been under a fixed exchange rate regime.
  B) the dollar is worth less of that currency than it would have been under a fixed exchange rate regime.
  C) the dollar is worth less of that currency than it would have been under a flexible exchange rate regime.
  D) the dollar is worth less of that currency than it would have been under a managed exchange rate regime.

Question 2

The long-run aggregate supply curve is horizontal.
 
  Indicate whether the statement is true or false


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zhanghao

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

C

Answer to Question 2

FALSE


deesands

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

connor417

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Reply 3 on: Yesterday
Wow, this really help

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