« previous next »

Author Question: If a country's currency has a market driven value that is higher than economic theory would suggest, ... (Read 84 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 30, 2018
If a country's currency has a market driven value that is higher than economic theory would suggest, the currency is considered to be
 
  A) overvalued.
  B) undervalued.
  C) overestimated.
  D) in arbitrage.

Question 2

If the price level decreases
 
  A) the LM curve will shift to the right.
  B) the LM curve will shift to the left.
  C) the IS curve will shift to the right.
  D) the IS curve will shift to the left.


DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Frequent dining on fast food, which tends to be higher in fat and carbohydrates, may be convenient ... Frequent dining on fast food, which tends to be higher in fat and carbohydrates, may be convenient ...
Suicide rates in Canada are more than three times higher for males than for females Suicide rates in Canada are more than three times higher for males than for females
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library