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| Teaching Since: | Apr 2017 |
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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
1 - If the real exchange rate in the United States is below the equilibrium level, _____.
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--the demand for dollars by foreigners will balance the supply of dollars from Americans
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--there will be a shortage of dollars
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--​the quantity of dollars supplied will exceed the quantity of dollars demanded
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--the value of dollar will fall
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2 - A decrease in the tax rates in an economy will cause a:
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--rightward shift of the aggregate demand curve if the crowding-out effect is equal to the size of the tax multiplier.
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--​leftward shift of the aggregate demand curve if the crowding-out effect is smaller than the size of the tax multiplier.
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--​rightward shift of the aggregate demand curve if the crowding-out effect is larger than the size of the tax multiplier.
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--leftward shift of the aggregate demand curve if the crowding-out effect is larger than the size of the tax multiplier.
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