Author Question: A real depreciation will initially cause a reduction in output when which of the following holds? ... (Read 84 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
A real depreciation will initially cause a reduction in output when which of the following holds?
 
  A) the Marshall-Lerner condition
  B) the J-Curve effect
  C) net exports are initially zero
  D) net exports are initially negative
  E) net exports are initially positive

Question 2

The wage setting relation is
 
  A) downward sloping.
  B) upward sloping.
  C) vertical.
  D) horizontal.



cam1229

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

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library