Author Question: Refer to the information above. The real exchange rate (from the United States' perspective) is ... (Read 68 times)

maegan_martin · **on:** Jun 30, 2018

Refer to the information above. The real exchange rate (from the United States' perspective) is

A) .625.
B) .8.
C) 1.6.
D) 2.0.
E) none of the above

Question 2

Suppose the following situation exists for an economy: Kt+1/N < Kt/N. Given this information, we know that

A) saving per worker equals depreciation per worker in period t.
B) consumption per worker will tend to fall as the economy adjusts to this situation.
C) saving per worker is greater than depreciation per worker in period t.
D) the saving rate increased in period t.
E) none of the above