Question
Under a flexible exchange rate regime, an expansionary
monetary policy will most likely lead to:Solution
Expansionary monetary policy lowers domestic interest rates. This makes domestic assets less attractive, leading to capital outflow (or reduced inflow). The increased supply of the domestic currency in the forex market to buy foreign assets leads to a depreciation of the domestic currency.
Statements: D ≤ E < L < F; H < I ≤ O = E; G > F > J
Conclusions:
I. H < L
II. J < D
III. G > O
Statements: R > S > T ≥ U; Q ≥ R; W = V < U
Conclusions:
I. S > Q
II. W < T
III. Q > W
Statement: D < M < P = V = E ≥ T > Z
Conclusion: I. P > Z II. D > E
Statement: G ≤ L ≥ O ≥ W ≥ I < N
Conclusion: I. I < LÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. L = I
...Which of the following will be definitely true if the given expression O > B ≥ E > Z ≥ Y > P = X ≤ J > W ≤ N is definitely not true?
Statements:Â
I @ Y © Z * A $ MÂ
Conclusions:Â
I. Z * MÂ
II. A % YÂ
III. A % I
Statement: R < P, M < R, DÂ `<=` P = T
  Conclusion: I. R > D          II. D `>=` M
...Statements: A ≥ B ≥ Y = Z = M ≥ N ≤ E ≤ F = J
Conclusions:
I. F > Z
II. J ≤ Y
Statements:
Only Ear is Eye.
No Hand is Ear.
Only a few Hands are Legs.
Conclusion:
I. Some Eyes can be Legs.
...
Statement: D < E < F ≥ G; D ≥ H > I
Conclusion: I. F > IÂ Â Â Â Â II. F = I
