The correct answer is B just explain what is the meaning of ???? ???? $/ and how
Question:
The correct answer is B just explain what is the meaning of ????????$/€ and how can I calculate the number of 0.83
Q4) Assume the following: 1. At time t=0, ????$ = 10%, ????€ = 10%, and ????$/€ = ????????$/€ = 1
2. European Central Bank permanently increase money supply in Europe by 20% at time t=1.
3. The policy change was not anticipated at t=0
4. Prices in EU and AU are fixed in the short run and flexible in the long-run
5. Output is always fixed at Y 6. ????$ = 10% at t=1 Select the most appropriate option for the short-run:
A) At t=1: ????€ = 10% ; ????$/€ ???? = 0.83; ????$/€ = 0.83
B) At t=1: ????€ < 10% ; ????$/€ ???? = 0.83; ????$/€ < 0.83
C) At t=1: ????€ > 10% ; ????$/€ ???? > 0.83; ????$/€ > 0.83
D) At t=1: ????€ < 10% ; ????$/€ ???? = 0.83; ????$/€ = 0.83 E) At t=1: ????€ = 10% ; ????$/€ ???? = 0.83; ????$/€ < 0.83
Computer Organization And Design The Hardware Software Interface
ISBN: 9780123747501
4th Revised Edition
Authors: David A. Patterson, John L. Hennessy