« previous next »

Author Question: If a country's currency has a market driven value that is higher than economic theory would suggest, ... (Read 78 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?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br
How to use implicit differentiation with higher order derivatives How to use implicit differentiation with higher order derivatives
Diffusion as an entropy-driven process Diffusion as an entropy-driven process
economic question economic question
economic question economic question
Political and Economic Systems Political and Economic Systems
Video: Biological organic compounds

For a complete list of videos, visit our video library