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Author Question: Under a fixed exchange rate system, a currency devaluation ________ the nominal exchange rate and ... (Read 250 times)

leilurhhh

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on: Jun 30, 2018
Under a fixed exchange rate system, a currency devaluation ________ the nominal exchange rate and will ________ net exports.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; increase
  D) decrease; decrease

Question 2

In the long run, larger budget deficits lead to ________.
 
  A) higher saving levels
  B) a fall in investment
  C) lower interest rates
  D) all of the above
  E) none of the above


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otokexnaru

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

C

Answer to Question 2

B


leilurhhh

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  • Posts: 560
Reply 2 on: Jun 30, 2018
Excellent

T4T

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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