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Author Question: Equilibrium real income is more stable in the face of aggregate autonomous expenditure variability ... (Read 108 times)

cmoore54

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on: Jun 30, 2018
Equilibrium real income is more stable in the face of aggregate autonomous expenditure variability under
 
  A) a floating exchange rate.
  B) a pegged exchange rate.
  C) a fixed exchange rate.
  D) perfect capital mobility systems.

Question 2

An agrarian system refers to
 
  (a) the pattern of land ownership.
  (b) the type of crops grown.
  (c) the processing of agricultural commodities.
  (d) an economy that has no industry.


bulacsom

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

A

Answer to Question 2

A


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