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Author Question: In the monetary small open-economy model, a fixed exchange rate insulates the domestic price level ... (Read 110 times)

big1devin

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on: Jun 30, 2018
In the monetary small open-economy model, a fixed exchange rate insulates the domestic price level from
 
  A) both real and nominal shocks from abroad.
  B) real shocks from abroad, but not nominal shocks from abroad.
  C) nominal shocks from abroad, but not from real shocks from abroad.
  D) neither real nor nominal shocks from abroad.

Question 2

Someone who has just inherited a goldmine has received a great deal of ________.
 
  A) wealth
  B) money
  C) income
  D) currency
  E) liquidity


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mrphibs

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

B

Answer to Question 2

A


big1devin

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

aliotak

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Reply 3 on: Yesterday
Excellent

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