At E1, what is the value of the U.S. dollar?





a. less than 1.00 euro

b. 1.50 euro

c. 1.90 euro

d. greater than 1.90 euro


a. less than 1.00 euro

Economics

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________ would be the source of a "real" business cycle

A) Unanticipated changes in monetary policy B) Anticipated changes in monetary policy C) Technology shocks D) all of the above

Economics

If the asset market is to remain in equilibrium, then if the money supply increases, output is unchanged, the price level is unchanged, and the expected inflation rate is unchanged, then

A) the real interest rate must rise. B) the real interest rate must decline. C) the nominal interest rate must rise. D) the inflation rate must rise.

Economics

To an economist, the word 'marginal' means:

A) total. B) average. C) next or additional. D) sunk. E) none of these choices.

Economics

On which of the following types of unemployment do macroeconomic tools have the greatest effect?

a. Structural unemployment. b. Cyclical unemployment. c. All the above. d. None of the above e. Frictional unemployment

Economics