47. An initial investment of $810 will turn into $4,341 ____ years from today if the annual interest rate is 8% (a) 22.8 years (b) 21.8 years (c) 20.8 years (d) 19.8 years $8100 \times = 4341$ $(r+0.08)n = 5.35$ $8100 (1+0.08)^n = 4341$ 48. Other things equal, a decrease in capital inflows (foreign purchases of domestic assets) into the US will: (a) increase US exports. (b) decrease US imports. (c) increase the US exchange rate. (d) All of the above.
Added by Jessica E.
Close
Step 1
(c) b (a) will: 48. (a) (d) (b) All of the above. decrease US imports. increase US exports. This statement is not clear and seems to be a combination of multiple options. It is difficult to determine the correct answer without more context. Show more…
Show all steps
Your feedback will help us improve your experience
Derek Fairburn and 67 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
If the U.S. nominal exchange rate declines and prices rise faster abroad than in the United States, the real exchange rate: a. decreases, and net exports for the United States decrease. b. decreases, and net exports for the United States increase. c. increases, and net exports for the United States decrease. d. increases, and net exports for the United States increase.
Haricharan G.
A depression abroad will tend to _____ our exports, which in turn will _____ net exports, which in turn will _____ equilibrium real GDP. a. Reduce; reduce; reduce. b. Increase; increase; increase. c. Reduce; increase; increase. d. Increase; reduce; reduce.
Arun B.
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Watch the video solution with this free unlock.
EMAIL
PASSWORD