Please explain whether the following statements are True, False,
or Partially True. You will be graded based on the quality of your
explanation. If a statement is false, provide a counterexample.
1. Unanticipated increase in inflation benefits lenders and hurts
FALSE, because the debtor repays the loan with less valuable dollars.
2. If the nominal exchange rate of ruble to US dollar depreciates by
10% while prices in Russia i
1. If Sukhoi Company builds a Superjet airplane in 2014 but
sells it next year, then this transaction will increase GDP of Russia in
False, because, in 2014, Sukhoi Company to have purchased
the airplane for the firms inventory, this spen
Question 1. Take levels and logs of each of the series and plots them (one
graph for levels and one for logs). Compare shapes of their graphs, think what
is better to use in practical analysis and why (any reasonable ideas would be