Exchange Rate Shocks Shift the ____ Curve to the ____

question 15

Multiple Choice

Exchange rate shocks shift the ____ curve to the ____.

• A) AD, right
• B) AD, left
• C) SRAS, right
• D) SRAS, left
• E) none of the above

---

Definitions:

Kennedy

Refers to John F. Kennedy, the 35th President of the United States, known for his leadership during the Cold War era.

Nixon

Nixon refers to Richard Nixon, the 37th President of the United States, known for his foreign policy achievements and the Watergate scandal which led to his resignation.

Radio

A technology for the transmission of sound or other signals by modulation of electromagnetic waves.

Television

Television is an electronic system of transmitting moving images and sound from a source to a receiver, creating a medium for broadcasting, entertainment, and information.