Most economists believe that import-substitution strategies have been quite successful around the world.
Answer the following statement true (T) or false (F)
False
Economics
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Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. lower; higher D. higher; potential
Economics
Deposit made by the public into a savings account are referred to as:
A) current deposits. B) stockholders' equity. C) demand deposits. D) overdraft.
Economics
Describe the alternative methods of allocating scarce resources
What will be an ideal response?
Economics
If inflation was zero percent, nominal interest rates would be:
A. larger than real interest. B. equal to real interest rate. C. at the optimal rate. D. smaller than real interest.
Economics