If the exchange rate changes from $2.00 = 1 euro to $1.98 = 1 euro then

Figure 7-2Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure 7-2 shows the impact of this tariff. Refer to Figure 7-2. The tariff causes domestic consumption of coffee

Figure 2-8Figure 2-8 shows the production possibilities frontiers for Costa Rica and Guatemala. Each country produces two goods, pineapples and coconuts.Refer to Figure 2-8. Which country has a comparative advantage in the production of coconuts?

Figure 18-1Refer to Figure 18-1. Europe experiences an economic boom. Assuming all else remains constant, this would be represented as a movement from

Which of the following would be classified as fiscal policy?

If the exchange rate changes from $0.08 = 1 mexican peso to $0.09 = 1 mexican peso, then

If the dollar appreciates against the Mexican peso

When net capital flows are positive

If the Fed pursues expansionary monetary policy then

Contractionary fiscal policy to prevent real GDP from rising above potential real GDP would cause the inflation rate to be ________ and real GDP to be ________.