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Author Question: Refer to the figure above. The equilibrium exchange rate in this case is: A) 40 rupees per ... (Read 70 times)

genevieve1028

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on: Jun 30, 2018
Refer to the figure above. The equilibrium exchange rate in this case is:
 
  A) 40 rupees per dollar. B) 80 rupees per dollar.
  C) 130 rupees per dollar. D) 20 rupees per dollar.

Question 2

Assuming all else equal, if the price of each unit of capital rises, ________.
 
  A) a firm moves to a higher point along its labor demand curve
  B) a firm moves to a lower point along its labor demand curve
  C) a firm's labor demand curve shifts to the left
  D) a firm's labor demand curve shifts to the right
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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macagnavarro

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

B

Answer to Question 2

C


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