Write the equation representing the short-run Phillips curve
Unemployment rate = Natural rate of unemployment -a(Actual inflation - Expected inflation)
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The balance of trade is defined as
A) the difference between the value of the goods and services a country exports and the value of the goods and services a country imports. B) the difference between the balance of the current account and the balance of the capital account. C) the difference between the balance of the current account and the balance of the financial account. D) the difference between the value of the goods a country exports and the value of the goods a country imports.
The segments of a CMO are also called
A) tranches. B) coupons. C) obligations. D) revenues.
Which of the following is true in the Stackelberg model?
A) The first firm produces less than its rival. B) The first firm produces more than its rival. C) Both firms produce the same quantity. D) Both firms have a reaction curve.
Which of the following is not included in the current account?
A. exports of goods B. imports of goods C. U.S. capital inflow and outflow D. unilateral transfers