Author Question: In an open economy under flexible exchange rates, a reduction in consumer confidence that causes a ... (Read 42 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
In an open economy under flexible exchange rates, a reduction in consumer confidence that causes a reduction in consumption will cause which of the following?
 
  A) an appreciation of the domestic currency
  B) a reduction in the exchange rate, E
  C) a reduction in net exports
  D) all of the above
  E) none of the above

Question 2

An upward-sloping straight line on a linear scale will become a (an) ________ on a logarithmic scale.
 
  A) upward sloping straight line
  B) upward sloping curve that gets continually steeper
  C) upward sloping curve that gets continually flatter
  D) horizontal line
  E) downward sloping straight line



Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

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.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library