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Author Question: A devaluation of the exchange rate is a policy action that A) increases the real exchange rate. ... (Read 84 times)

wrbasek0

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on: Jun 30, 2018
A devaluation of the exchange rate is a policy action that
 
  A) increases the real exchange rate.
  B) decreases the real exchange rate.
  C) increases the nominal exchange rate.
  D) decreases the nominal exchange rate.

Question 2

Discretionary economic policy is not beneficial in the ________.
 
  A) traditional Keynesian theory
  B) new Keynesian theory
  C) Luka Brazzi model
  D) real business cycle theory


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gcook

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

C

Answer to Question 2

D


wrbasek0

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Reply 2 on: Jun 30, 2018
Gracias!

shewald78

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Reply 3 on: Yesterday
Excellent

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