If real interest rate in Country X increases relative to the real interest rate in Country Y and there are no trade barriers between the two countries, then for Country X which of the following will be true of its capital flow, the value of its currency, and its exports?
(a) Inflow / Appreciation / Increase
(b) Inflow / Appreciation / Decrease
(c) Inflow / Depreciation / Increase
(d) Outflow / Depreciation / Increase
(e) Outflow / Appreciation / Decrease
Ans: (b) Inflow / Appreciation / Decrease
Economics
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The demand curve facing an individual producer of wheat is most likely represented by
a. Panel D. b. Panel C. c. Panel A. d. Panel B.
Economics
Figure 14-8
Refer to . There is excess money demand at an interest rate of
a.
2 percent.
b.
3 percent.
c.
4 percent.
d.
None of the above is correct.
Economics