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Author Question: If a dollar is more expensive in terms of a foreign currency than the equilibrium exchange rate, a ... (Read 137 times)

student77

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on: Jun 30, 2018
If a dollar is more expensive in terms of a foreign currency than the equilibrium exchange rate, a ____ exists at the current exchange rate that will put ____ pressure on the exchange value of a dollar.
 a. surplus of dollars; downward
  b. surplus of dollars; upward
 c. shortage of dollars; downward
  d. shortage of dollars; upward

Question 2

The real interest rate is calculated by subtracting inflation from the nominal interest rate.
 a. True
  b. False
  Indicate whether the statement is true or false


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KKcool

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

a

Answer to Question 2

True


student77

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

deja

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Reply 3 on: Yesterday
:D TYSM

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