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

Author Question: In a fixed exchange rate regime, an increase in the price level will cause which of the following? ... (Read 73 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
In a fixed exchange rate regime, an increase in the price level will cause which of the following?
 
  A) a real appreciation and a leftward shift in the aggregate demand curve
  B) a real appreciation and no shift in the aggregate demand curve
  C) a real depreciation and a rightward shift in the aggregate demand curve
  D) a real depreciation and no shift in the aggregate demand curve
  E) no change in the real exchange rate, and no change in aggregate demand

Question 2

When the economy is in the steady state, we know with certainty that
 
  A) investment per worker is equal to depreciation per worker.
  B) consumption per worker is maximized.
  C) output per worker is maximized.
  D) the growth rate is maximized.
  E) all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Jkov05

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jun 30, 2018
Thank you :)


dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

The four ways in which animals exchange heat with the environment are radiation, evaporation, convec The four ways in which animals exchange heat with the environment are radiation, evaporation, convec
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
People using walkers typically have a high level of mobility impairment. People using walkers typically have a high level of mobility impairment.
How much the temperature will rise depends on many factors that affect the level of GHG emission How much the temperature will rise depends on many factors that affect the level of GHG emission
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
Video: How Hemoglobin Picks Up and Delivers Oxygen

For a complete list of videos, visit our video library