Author Question: Under purely flexible exchange rates, A) there is no intervention by the domestic fiscal or ... (Read 59 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
Under purely flexible exchange rates,
 
  A) there is no intervention by the domestic fiscal or monetary authorities to specifically target the nominal exchange rate.
  B) there is only occasional intervention by the domestic fiscal or monetary authorities to specifically target the nominal exchange rate.
  C) the domestic fiscal and monetary authorities retain considerable flexibility to prevent short-run variability in the nominal exchange rate.
  D) the domestic fiscal and monetary authorities retain considerable flexibility to prevent long-run variability in the nominal exchange rate.

Question 2

Negative correlation between x and y implies that
 
  A) when x is high, y is high.
  B) when x is high, y is low.
  C) xy < 0.
  D) x/y < 0.



meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

For a complete list of videos, visit our video library