This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Real and Nominal Exchange RatesIf the nominal exchange rate between the U.S. dollar and the Mexican ... (Read 85 times)

unreallynx

  • Full Member
  • ***
  • Posts: 152
on: Nov 23, 2022

Question 1

The Income-Expenditure Model

If an economy's MPC is 0.6 and the MPM is 0.25, then an increase in government spending of $2000 billion will increase income by ________ billion. (Round to the nearest integer.)
◦ $2667
◦ $3077
◦ $5714
◦ $5000

Question 2

Real and Nominal Exchange Rates

If the nominal exchange rate between the U.S. dollar and the Mexican peso is 21.4 pesos per dollar, how many dollars are required to buy a product that costs 62 pesos? (Round to the nearest hundredth.)
◦ $2.90
◦ $0.56
◦ $40.60
◦ $0.35
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by unreallynx on Nov 23, 2022

GoldenBrown

  • Full Member
  • ***
  • Posts: 166
Reply #1 on: Nov 23, 2022
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.
Answer Preview
Only 49% of students answer this correctly


unreallynx

  • Member
  • Posts: 152
Reply 2 on: Nov 23, 2022
:D TYSM

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Acceptable ranges of heart rate Acceptable ranges of heart rate
Advection of an air mass with a different ELR (environmental lapse rate). Advection of an air mass with a different ELR (environmental lapse rate).
How to solve rate problems leading to fractional equations (Question 2) How to solve rate problems leading to fractional equations (Question 2)
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Same pair of homologs, but with an exchange occurring between two nonsister chromatids Same pair of homologs, but with an exchange occurring between two nonsister chromatids
Video: Role of ATP in muscle movement

For a complete list of videos, visit our video library