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Author Question: If it is said that a currency is undervalued against the dollar, it is meant that: A) the dollar ... (Read 93 times)

debasdf

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

Question 2

The ________ in employment during a recession is smaller if wages are ________.
 
  A) increase; flexible B) decline; rigid C) increase; rigid D) decline; flexible


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succesfull

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

B

Answer to Question 2

D


debasdf

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

cici

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Reply 3 on: Yesterday
Excellent

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