Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.

By how much does the real, bilateral exchange rate change when the nominal, bilateral exchange rate changes from $1.10/€ to $1.00/€, the U.S. tradable basket from $500 to $600 and the Euro-Area tradable basket from €550 to €580?

a. The real exchange rate rises approximately by 20%. b. The real exchange rate rises approximately by 3% c. The real exchange rate falls approximately by 3% d. The real exchange rate falls approximately by 20% e. The real exchange rate falls approximately by 18%

Refer to the data. For Plan D marginal costs and marginal benefits are:

A. $72,000 and $64,000 respectively.
B. $28,000 and $12,000 respectively.
C. $24,000 and $18,000 respectively.
D. $16,000 and $28,000 respectively.