[Answered] Which of the following expressions represents the real exchange rate ()? A) E/P. B) EP/P. C) ...

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Author Question: Which of the following expressions represents the real exchange rate ()? A) E/P. B) EP/P. C) ... (Read 46 times)

hubes95

Hero Member
Posts: 561

on: Jun 30, 2018

Which of the following expressions represents the real exchange rate ()?

A) E/P.
B) EP/P.
C) EP.
D) EP/P.
E) none of the above

Question 2

Based on price setting behavior, we know that a reduction in the unemployment rate will cause

A) no change in the real wage.
B) a reduction in the real wage.
C) an increase in the real wage.
D) an upward shift of the PS curve.

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Marked as best answer by a Subject Expert

briseldagonzales

Sr. Member
Posts: 303

Reply #1 on: Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

A

hubes95

Member
Posts: 561

Reply 2 on: Jun 30, 2018

TYSM

Jsherida

Member
Posts: 314

Reply 3 on: Yesterday

Great answer, keep it coming

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