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Consider an open economy where the country Xanadu trades for at least half of the input resources needed for production. If that country's unit of currency underwent temporary depreciation, then


the change can not impact aggregate supply, only aggregate demand.


short run gains will be realized by those with fixed contracts and people with large sums of cash in savings accounts.


the change can only impact long-run aggregate supply and not short-run aggregate supply.


the change will likely impact short-run aggregate supply and not long-run aggregate supply.


unemployment will likely fall.

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