Author Question: Exports will increase when there is A) a reduction in the real exchange rate. B) a reduction in ... (Read 65 times)

deesands · **on:** Jun 30, 2018

Exports will increase when there is

A) a reduction in the real exchange rate.
B) a reduction in domestic output.
C) a reduction in foreign output.
D) all of the above
E) none of the above

Question 2

Over the last hundred years,

A) movements in output due to recessions and recoveries dominate the movement caused by long-run growth.
B) output has decreased in as many years as it has increased.
C) U.S. output has approximately doubled.
D) all of the above
E) none of the above