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Author Question: Which of the following expressions represents the real exchange rate ()? A) E/P. B) EP/P. C) ... (Read 21 times)

hubes95

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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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briseldagonzales

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


hubes95

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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