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Author Question: Other things remaining the same, if a nation's real GDP rises, the demand to hold money: a. Falls. ... (Read 45 times)

justinmsk

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on: Jun 30, 2018
Other things remaining the same, if a nation's real GDP rises, the demand to hold money:
 a. Falls.
  b. Rises.
  c. Does not change.

Question 2

Which of the following statements is correct, when the exchange rate changes from 2/ to 1.5/?
 a. Both the euro and the dollar depreciate.
  b. The euro () depreciates.
  c. The euro depreciates and the dollar appreciates.
  d. The euro appreciates and the dollar depreciates.
  e. None of the above.


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yotaSR5

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

.B

Answer to Question 2

.D


justinmsk

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

nyrave

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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