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

Author Question: A reduction in the real exchange rate indicates that A) foreign goods are now relatively cheaper. ... (Read 56 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
A reduction in the real exchange rate indicates that
 
  A) foreign goods are now relatively cheaper.
  B) foreign goods are now relatively more expensive.
  C) domestic goods are now relatively more expensive.
  D) both A and C

Question 2

An increase in the minimum wage will tend to cause which of the following?
 
  A) an upward shift in the WS curve
  B) a downward shift in the WS curve
  C) an upward shift in the PS curve
  D) a downward shift in the PS curve
  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

DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Gracias!

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Gas exchange occurs at the alveolar capillary membrane. Gas exchange occurs at the alveolar capillary membrane.
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Total Fertility Rate in Japan: Actual versus Forecast Total Fertility Rate in Japan: Actual versus Forecast
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
The same pair of homologs, but with no exchange occurring between them The same pair of homologs, but with no exchange occurring between them
Video: Sigmoidoscopy

For a complete list of videos, visit our video library