The reported reduction in the exchange-rate pass through to import prices means that U.S. inflation will be relatively insensitive to exchange rate changes

Indicate whether the statement is true or false

TRUE

Economics

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Refer to the data for a fictional economy. The changes in the budget conditions between 1998 and 1999 best reflect:



A.  demand-pull inflation.
B.  an expansionary fiscal policy.
C.  a recession.
D.  a contractionary fiscal policy.

Economics

The present discounted value of a future payment will decrease when interest rates decrease.

Answer the following statement true (T) or false (F)

Economics