In a Fixed Exchange Rate Regime,an Increase in the Price

question 13

Multiple Choice

In a fixed exchange rate regime,an increase in the price level will cause which of the following?

• A)a real appreciation and a leftward shift in the aggregate demand curve
• B)a real appreciation and no shift in the aggregate demand curve
• C)a real depreciation and a rightward shift in the aggregate demand curve
• D)a real depreciation and no shift in the aggregate demand curve
• E) no change in the real exchange rate, and no change in aggregate demand

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Definitions:

Reflective Listening

A communication technique involving actively listening to a speaker, then repeating back what was said to confirm understanding and empathy.

Active Listening

The practice of paying close attention and fully concentrating on the speaker, showing understanding and providing feedback.

Retentive Listening

A listening skill focused on remembering and retaining information from conversations or presentations effectively.

Passive Listening

The act of hearing someone speak without actively engaging in the communication process.