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Roar Roar
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6 years ago
The existence of the J-curve suggests that a real depreciation will cause
A) an initial increase in net exports.
B) an initial increase in economic activity.
C) a final reduction in net exports.
D) an initial reduction in the demand for domestic goods.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Roar Author
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6 years ago
You make an excellent tutor!
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Thank you, thank you, thank you!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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