True
Relative inflation, intrest rates, expectations all are good determinants of short run exchange rates but for the long run economy's fundamentals play a role in deciding the exchange rate .
maining Time: 2 hours 08 minutes, 33 seconds estion Completion Status: QUESTION 26 Two long straight wires run parallel to each other, and carry currents flowing in the same direction. Wire 1 carries a current of 1.2 A, and wire 2 carries a current of 16 A. The wires are 15 cm apart. a) What is the magnetic field from wire 1 at the location of wire 2? b) What is the magnetic force per unit length felt by wire...
QUESTION 6 Event: Climate change reduces the amount of land available for farming (Long Run). Question: What is the change in aggregate demand? a. Increase b. Decrease c. No change d. Indeterminate QUESTION 7 Event: Climate change reduces the amount of land available for farming (Long Run). Question: What is the change in short run aggregate supply (SRAS)? a. Increase b. Decrease c. No change d. Indeterminate QUESTION 8 Event: Climate change reduces the amount of land available for farming...
If a country impose tariffs on imports, how does this action change the long run real exchange rate? Please show this graphically. How is the long-run nominal exchange rate affected? Please assume that there are no changes in monetary conditions.
24 the changes in prices and output that occur in the long run. changes in wages, and these are unchanged in the long run. the availability and productivity of real resources, not by the output level. b. The shape of the short-run aggregate supply curve is points eBook upsloping, because wages adjust more rapidly than the price level vertical, because wages adjust at the same rate as the price level. upsloping, because wages adjust more slowly than the price level,...
and 9. Changes in aggregate demand can cause fluctuations in in the long run. in the short run, and only
2 - What is the short-term and long-term change to the long-run perfect competitive equilibrium as a result of a negative shock to demand side of market (left shift of demand). Explain graphically and in plain English what next is going to happen in this market.
Question 46 All of the following are long-run changes, except: O A firm produces more output by acquiring more raw materials for its existing factory N Some firms decide to leave an industry and the industry contracts An industry expands as more firms enter it A firm moves into larger production facilities to expand production Question 47 cative ef
The long-run aggregate supply curve shows that by itself a permanent change in aggregate demand would lead to a long-run change a. in the price level and output. b. in the price level, but not output. c. in output, but not the price level. d. in neither the price level nor output
According to the classical dichotomy, in the long run, a change in the money supply will change wages change prices change output both a and b
The level of long-run aggregate supply is not affected by changes in: technology the capital stock. the price level. the size of the labour force.