« previous next »

Author Question: Assume that the nominal exchange rate decreases by 4. If prices (both domestic and foreign do not ... (Read 88 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Assume that the nominal exchange rate decreases by 4. If prices (both domestic and foreign do not change), we know 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

Suppose the aggregate production function is given by the following: Y = N. Given this information, we know that labor productivity is represented by which of the following?
 
  A) 1/N
  B) N
  C) N/Y
  D) 1


lou

  • Sr. Member
  • ****
  • Posts: 286
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

maychende

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jun 30, 2018
Correct answers!


lou

  • Sr. Member
  • ****
  • Posts: 286
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Mass Exchange Between Close Binary Stars Mass Exchange Between Close Binary Stars
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
The consequences of a single exchange between two nonsister chromatids The consequences of a single exchange between two nonsister chromatids
Consequences of a double exchange occurring between two nonsister chromatids Consequences of a double exchange occurring between two nonsister chromatids
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library