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

Author Question: Suppose a country with a fixed exchange rate decides to reduce the price of its currency. This ... (Read 295 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
on: Jun 30, 2018
Suppose a country with a fixed exchange rate decides to reduce the price of its currency. This change in policy is called
 
  A) an appreciation.
  B) a depreciation.
  C) a peg.
  D) a devaluation.
  E) a revaluation.

Question 2

Assume that employment decreases by 3. Holding all other factors constant, we know with certainty that which of the following will occur?
 
  A) output will decrease by 3
  B) output per capita will decrease by 3
  C) output will decrease by less than 3
  D) the capital labor ratio will decrease
  E) none 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

sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

C


deesands

  • Hero Member
  • *****
  • Posts: 514
Reply #2 on: Jun 30, 2018
Thank you :)


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #3 on: Jun 30, 2018
Happy to help you


« 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?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
Reduce Risk of Unintentional Injury Reduce Risk of Unintentional Injury
Determining the order and rate constant of an irreversible first-order reaction Determining the order and rate constant of an irreversible first-order reaction
Target Heart Rate Target Heart Rate
Energy Use by Different Country Groups Energy Use by Different Country Groups
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library