In the open-economy macroeconomic model, if there is a surplus in the market for foreign-currency exchange, which of the following will move the market to equilibrium?
a. the real exchange rate depreciates and net exports fall.
b. the real exchange rate depreciates and net exports rise.
c. the real exchange rate appreciates and net exports fall.
d. the real exchange rate appreciates and net exports rise.
b
Economics
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Following the Civil War, U.S. currency included all of the following except:
a. wooden nickels. b. silver and gold specie. c. bank notes. d. greenbacks.
Economics
rate is interpreted as the percentage of the:
A. Adult population who are unemployed B. Labor force that are not employed C. Able-bodied population who are not working D. Work force that have been laid off
Economics