This topic contains a solution. Click here to go to the answer

Author Question: Assume that the price levels in two countries are constant. In this situation, we know that A) ... (Read 85 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
Assume that the price levels in two countries are constant. In this situation, we know that
 
  A) neither the real nor the nominal exchange rate can change.
  B) the real exchange rate can change, while the nominal exchange rate is constant.
  C) the nominal exchange rate can change, while the real exchange rate is constant.
  D) the real and nominal exchange rate must move together, changing by the same percentage.
  E) the nominal exchange rate will fluctuate more widely than the real exchange rate.

Question 2

In the OECD countries, there is a negative relationship between output per capita in 1950 and
 
  A) growth since 1950.
  B) output per capita in the 1990s.
  C) distance from the equator.
  D) population.
  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

jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

D

Answer to Question 2

A




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 30, 2018
:D TYSM


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

For a complete list of videos, visit our video library