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Author Question: Refer to Figure 19-1. Which of the following would cause the change depicted in the figure above? (Read 442 times)

Zoey63294

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on: Mar 16, 2019

Question 1

Figure 19-9









Refer to Figure 19-9. According to the graph, is there a surplus or shortage of Saudi Arabian riyal in exchange for U.S. dollars? To maintain the pegged exchange rate, will the Saudi central bank need to buy riyal in exchange for dollars or sell riyal in exchange for dollars? How many riyal will the Saudi central bank need to buy or sell?



Question 2

Figure 19-1











Refer to Figure 19-1.  Which of the following would cause the change depicted in the figure above?


◦ U.S. productivity rises relative to European productivity.
◦ Europeans decrease their preferences for U.S. goods relative to European goods.
◦ The European Union increases its quotas on U.S.-produced wine.
◦ an increase in the price level of U.S. goods relative to European goods
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by Zoey63294 on Mar 16, 2019

IAPPLET

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Zoey63294

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Reply 2 on: Mar 16, 2019
Excellent

frankwu0507

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

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