Question 1010. The ultimate goal of devaluation is to:O reduce both foreign exchange inpayments and outpaymentsO reduce foreign exchange outpayments and increase inpaymentsO reduce foreign exchange inpayments and increase outpaymentsO increase both foreign exchange inpayments and outpaymentsQuestion 1111. Appreciation of the exchange rate is well suited for a country experiencing a persistant currentaccount:O deficit and inflationO deficit and unemploymentO urplus and inflationO surplus and unemploymentDQuestion 1212. What is the saving function associated with the following consumption function: C = 30 + 0.7DI?S = 30 + 0.7DIO S= -30 + 0.7DIO = 30 + 0.3DIO S= -30 + 0.3DI

Devaluation is basically decreasing the value of your own currency.

Answered: 12. What is the saving function…

12. What is the saving function associated with the following consumption function: C = 30 + 0.7DI ? O - 30 + 0.7DI O S-30 + 0.7DI S = 30 + 0.3DI O S-30 + 0.3DI

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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How long it will take for the cost of the investment to be recovered from its benefits is referred to as profitability. O True O Falce
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