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Title: In the monetary small open-economy model with a flexible exchange rate, an increase in the world rea Post by: Ao9 on Oct 27, 2015 In the monetary small open-economy model with a flexible exchange rate, an increase in the world real interest rate
A) decreases domestic output and decreases the nominal exchange rate, as long as real money demand is much more responsive to real income than to the real interest rate. B) increases domestic output and increases the nominal exchange rate, as long as real money demand is much more responsive to real income than to the real interest rate. C) decreases domestic output and increases the nominal exchange rate, as long as real money demand is much more responsive to real income than to the real interest rate. D) increases domestic output and decreases the nominal exchange rate, as long as real money demand is much more responsive to real income than to the real interest rate. Title: Re: In the monetary small open-economy model with a flexible exchange rate, an increase in the world Post by: Gordis on Oct 29, 2015 Content hidden
Title: Re: In the monetary small open-economy model with a flexible exchange rate, an increase in the world rea Post by: Ao9 on Nov 2, 2015 You're sharp, thanks!
Title: Re: In the monetary small open-economy model with a flexible exchange rate, an increase in the world rea Post by: Gordis on Nov 2, 2015 Glad to help...
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