If nominal exchange rates do not change, an increase in the U.S. price level relative to the foreign price level represents a real appreciation of the dollar. However, if nominal exchange rates can change, is an increase in U.S. inflation relative to foreign inflation likely to cause appreciation of the dollar in the short run?
What will be an ideal response?
Question 2
An important function of international institutions during times of crisis is to
A) make goods nonrival.
B) make goods nonexcludable.
C) prevent free riding.
D) prevent nondiscrimination.
Primary production increases with an increase in total phosphorus concentration.
Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut
Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Example of coastal cities Recharge Rates
The respiratory system and the process of gas exchange.
Climate Change