Agraria is a small agricultural country that does not trade with the rest of the world. Based on this information, we can conclude that Agraria is a(n) ________ economy
A) closed B) communist C) command D) open
A
Economics
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Last year the CPI was 177.1 and this year the CPI was 180.9. What is the inflation rate between these two years?
What will be an ideal response?
Economics
Why does the supply curve of Japanese yen slope up?
What will be an ideal response?
Economics
Along a short-run Phillips curve, a higher rate of inflation is associated with a lower unemployment rate.
Answer the following statement true (T) or false (F)
Economics
GDP in an economy is $11,130 billion. Consumer expenditures are $7735 billion, government purchases are $1989 billion, and gross investment is $1410 billion. Net exports are:
A. -$4 billion. B. -$161 billion. C. +$53 billion. D. -$47 billion.
Economics