Figure 32-2 1.8 +Real Exchange Rate 1.6 1.4 1.2 0.8 0.6 0.4 0.2 50 100 150 200 250 300 350 400 Quantity of Dollars O a. shortage of 100 so the real exchange rate will fal. O b. surplus of 100 so the real exchange rate will fall. Oc. surplus of 100 so the real exchange rate will rise. O d. shortage of 100 so the real exchange rate will rise. 1.

Figure 32-2 1.8 +Real Exchange Rate 1.6 1.4 1.2 0.8 0.6 0.4 0.2 50 100 150 200 250 300 350 400 Quantity of Dollars O a. shortage of 100 so the real exchange rate will fal. O b. surplus of 100 so the real exchange rate will fall. Oc. surplus of 100 so the real exchange rate will rise. O d. shortage of 100 so the real exchange rate will rise. 1.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Answer and Breif explantion
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