1.When a country devalues its currency, what do we expect explain with detail

2.With a floating exchange rate, a monetary contraction causes what? Explain

3.If the U.S. economy moves into recession due to a decline in consumer confidence, What do we expect

4.Which country does the Economist article "More Spend, Less Thrift" criticize, and why? Explain

5.Suppose that a company in India initially owns a factory worth 45 million rupees, that it has borrowed 1 million US dollars to finance its construction, and that these are its only assets and liabilities. a. If the exchange rate is initially 40 rupees per dollar, what is the initial value of the company, in rupees?

6. In class you saw a graph of the exchange value of the US dollar relative to five other currencies, since the beginning of this century. Relative to the currency of each country, indicate whether the dollar has appreciated or depreciated from 2002 to 2017.

7. With a floating exchange rate, a monetary contraction causes? Explain

8.Are households primarily buyers or sellers in the goods and services market? In the labor market?

9. Are firms primarily buyers or sellers in the goods and services market? In the labor market?

10. What are the three ways that societies can organize themselves economically?