QUESTION 18 Suppose Korea decided to fix its exchange rate with Japan. Japan does not change its policies. What inflation rate will you see for Korea? O One percent O-2 precent. Deflation Zero inflation O 4 percent inflation We do not have enough information to answer this question QUESTION 19 Under the fixed exchange rate mentioned in 18, how fast will the Korean money supply grow? O 1 percent O 2 precent O 7 percent O 4 percent We do not have enough information to answer this question QUESTION 20 Compared to most European countries, workers in the US work O More • Lss O About the same O Sometimes more, sometimes less We do not have enough information to answer this question. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Sav
QUESTION 18 Suppose Korea decided to fix its exchange rate with Japan. Japan does not change its policies. What inflation rate will you see for Korea? O One percent O-2 precent. Deflation Zero inflation O 4 percent inflation We do not have enough information to answer this question QUESTION 19 Under the fixed exchange rate mentioned in 18, how fast will the Korean money supply grow? O 1 percent O 2 precent O 7 percent O 4 percent We do not have enough information to answer this question QUESTION 20 Compared to most European countries, workers in the US work O More • Lss O About the same O Sometimes more, sometimes less We do not have enough information to answer this question. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Sav
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:QUESTION 18
Suppose Korea decided to fix its exchange rate with Japan. Japan does not change its policies. What inflation rate will you see for Korea?
O One percent
O-2 precent. Deflation
Zero inflation
O 4 percent inflation
We do not have enough information to answer this question
QUESTION 19
Under the fixed exchange rate mentioned in 18, how fast will the Korean money supply grow?
O 1 percent
O 2 precent
O 7 percent
O 4 percent
We do not have enough information to answer this question
QUESTION 20
Compared to most European countries, workers in the US work
O More
• Lss
O About the same
O Sometimes more, sometimes less
We do not have enough information to answer this question.
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Sav
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