Question

11. If the nominal exchange rate falls 10 percent, the domestic price level rises 4 percent, and the foreign price level rises 6 percent, the real exchange rate will fall: A) 0 percent. B) 8 percent. C) 10 percent. D) 12 percent.

Answer 1

Explanation:

Sonia works at a bakery. The function f(x) represents the amount of money Sonia earns per loaf, where x is the number of loaves she makes. The function g(x) represents the number of bread loaves Sonia bakes per hour, where x is the number of hours she works. Show all work to find f(g(x)), and explain what f(g(x)) represents. f(x) = 9x2 + 1 g of x equals the square root of the quantity 2 x cubed