Question
The J-Curve effect
describes:Solution
Due to pre-existing contracts and slow adjustment of quantities (elasticities are lower in the short run), a depreciation may initially worsen the trade deficit (imports cost more, volumes adjust slowly) before improving it—a path resembling the letter "J".
More Research Questions
- 27.99² - 40.02% of 419.99 + √3135.99 = ? X 5.99
(2.02/16.89) of 1512.98 + (5.96/18.89) of 1861.78 + (1.95/3.02) of 723.11 = ? × 7.96
? = (5.8)2 + (8.9)2 + (4.7) 2 + 24.7% of 20
? = 54.89 × 270.08 ÷ 135.17 + 464.35 ÷ 29.03
72.8% of (215.69 + 189.38) - 5.97² + (3.01 of 7.8) = ? of (64.02 - 38.95)
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
480 ÷ 10 + 18 % of 160 + ? * 9 = 60 * √36
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
