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Author Question: When E increases by 5, we know that A) a real appreciation will occur if P decreases by 5. B) a ... (Read 91 times)

fagboi

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on: Jun 30, 2018
When E increases by 5, we know that
 
  A) a real appreciation will occur if P decreases by 5.
  B) a real depreciation will occur if P also increases by 5.
  C) a nominal appreciation will occur.
  D) a nominal depreciation will occur.

Question 2

Suppose the actual unemployment rate decreases. This will cause
 
  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


underwood14

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

C

Answer to Question 2

E


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