Author Question: The exchange rate between the dollar and the euro is a. the price of European goods relative to ... (Read 106 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
The exchange rate between the dollar and the euro is
 
  a. the price of European goods relative to U.S. goods.
  b. the price of U.S. goods relative to European goods.
  c. the number of euros you get for lending one dollar to a European for a year.
  d. the number of euros you get for one dollar.

Question 2

Targeting money growth will lead to stable output growth only if
 
  a. money demand and velocity change proportionally with output.
  b. fiscal policy remains unchanged.
  c. money demand and velocity are stable.
  d. the IS curve is steep.



nicoleclaire22

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

For a complete list of videos, visit our video library