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- stion 4 vet ered ed out of g on Which one of the statements is FALSE in Paris Agreement? Select one: O a. Developed countries must provide financial resources to help developing countries O b. 195 countries agreed to limit the rise in Earth's temperature to below 2 degree Celsius OC. Poor countries must provide 100 billion dollars from 2020, as a "floor" Od. The new agreement includes first national targets for 2025 E AINUnder standard assumptions, in the short run, currency devaluation causes a country's output to O rise. O fall. O remain unchanged.Russia demands payment in the rouble, which is Russia's currency, for Russian gas insteadof US dollars. Given that Russian gas is an essential item, US dollars per rouble willincrease
- According to the open-economy macroeconomic model, import quotas increase which of the following O a. net exports and net capital outflow O b. net exports but not net capital outflow. O c. net capital outflow but not net exports. O d. neither net exports nor net capital outflow.Which of the following is NOT one of Mundell's four characteristics for an optimal currency area? Select one: O a. Capital mobility O b. Central bank mobility O C. Labor mobility O d. Coordinated fiscal policiesA case study in the chapter analyzed purchasingpower parity for several countries using the pricc ofBig Macs. Here arc data for a few more countries: a. For each country, compute the predicted exchangerate of the local currency per U.S. dollar. (Recallthat the U.S. price o( a Big Mac was $4.93.)b. According to purchasing-power parity, what is thepredicted exchange rate between the Hungarianforint and the Canadian dollar? What is the actualexchange rate?c. How well docs the theory of purchasing-powerparity explain exchange rates?
- What will happen if the price ofUS dollars declines considerably against the Japanese yen, then: a) It is always because of US government interference b) It is always because of Japanese government interference c) Japanese goods are relatively cheaper for US consumers d) US goods are relatively cheaper for Japanese consumers. Answer O A O B ODUnder a fixed exchange rate regime, when the value of the domestic currency decreases, it is called a(n) O depreciation O appreciation O revaluation O devaluation O none of these are correctEvaluate the following statement: "if lower exchange rates increase a nation's exports, the govermment should do everything in its power to anure that the exchange rate for its cumency is an low as it can possbly be This statement does nat acknowledge that lower exchange rates OA couid result in a reluctance from other countries to accept this nation's currency for payment of any goodn or services OB. could make a currency virtually worthless. O C. make a nation's imports more expensive. COD. None of the above responses are acknowledged by the statement.
- Hand written plz otherwise downvote If a country switches from a flexible exchange rate regime to a fixed exchange rate regime, this implies that: O a given change in government spending will now have a greater effect on output both fiscal and monetary policy will become more effective in changing GDP O both fiscal and monetary policy will become completely ineffective in changing GDP O monetary policy will become a more effective tool for changing output O a given change in government spending will now have a smaller effect on outputIn 38 low-income and emerging economies with GDP per capita below $25,000 tracked by World Bank, the induced terms of trade movements accounted for fluctuations on average for all those countries. O 20 percent of GDP O 40 percent of GDP O 30 percent of GDP O 10 percent of GDPHand written plz If a country switches from a flexible exchange rate regime to a fixed exchange rate regime, this implies that: O a given change in government spending will now have a greater effect on output both fiscal and monetary policy will become more effective in changing GDP O both fiscal and monetary policy will become completely ineffective in changing GDP O monetary policy will become a more effective tool for changing output O a given change in government spending will now have a smaller effect on output