Holding everything else constant, the U.S. real exchange rate with Thailand will increase if the dollar depreciates
Indicate whether the statement is true or false
FALSE
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In a persisting demand-pull inflation,
A) aggregate supply decreases and aggregate demand increases. B) aggregate demand decreases and aggregate supply decreases. C) aggregate demand increases and potential GDP decreases. D) aggregate supply increases and aggregate demand increases. E) None of the above answers is correct.
Which of the following statement is untrue?
A) assets equal liabilities plus net worth B) households and firms are lenders and borrowers in the flow of funds C) government regulation is the major cause of asymmetric information problems D) pension funds and insurance companies are financial intermediaries
How long is the long run?
Who are the decision makers in the most basic macroeconomic model?
What will be an ideal response?