This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a convertible currency? What will be an ideal response?[br][br][b][color=#347235]Question ... (Read 170 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
What is a convertible currency?
 
  What will be an ideal response?

Question 2

In the short run, a permanent increase in the domestic money supply
 
  A) has stronger effects on the exchange rate and output than an equal temporary increase.
  B) has stronger effects only on the exchange rate but not on output than an equal temporary increase.
  C) has weaker effects on the exchange rate and output than an equal temporary increase.
  D) has stronger effects on output, but lower effect the exchange rate than an equal temporary increase.
  E) has weaker effects only on the exchange rate than an equal temporary increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

A convertible currency is a currency that may be freely exchanged for foreign currencies.

Answer to Question 2

A


ARLKQ

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
:D TYSM

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Color enhanced X ray of large malignant tumor in the right lung. Color enhanced X ray of large malignant tumor in the right lung.
Inflammatory response. Inflammatory response.
Replication fork regression as a likely response to a blocking DNA lesion Replication fork regression as a likely response to a blocking DNA lesion
Slope Question Slope Question
Calculus homework question due Calculus homework question due
economic question economic question
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library