If the government of a country uses contractionary monetary policy:
A) its currency will depreciate.
B) its currency will appreciate.
C) its currency will neither depreciate nor appreciate.
D) its currency will initially appreciate then depreciate.
B
Economics
You might also like to view...
The marginal propensity to consume is 0.50, marginal propensity to invest is 0.20, and the marginal propensity to import is 0.05. What is the size of the multiplier?
A) 1.00 B) 2.86 C) 3.00 D) 0.50
Economics
The market demand for MP3 players is p = 50 - 0.5Q, and the marginal cost for Nick to obtain and sell a MP3 player is $10. If he signed a fixed-fee rental contract with the store owner and pays $400 as the rent,
A) Nick will sell 20 MP3 players. B) Nick will sell 30 MP3 players. C) Nick will sell 40 MP3 players. D) Nick will sell 50 MP3 players.
Economics