In developing economies, the fraction of the economy in non-market transactions can be as much as
A. 50 percent.
B. 25 percent.
C. 75 percent.
D. 10 percent.
Answer: A
You might also like to view...
The easiest way for a country to obtain access to technology is through
A) promoting foreign direct investment. B) subsidizing education and training. C) enacting policies to promote property rights. D) promoting policies to enhance saving.
In modern economies,
A) restrictions on international labor mobility are common. B) labor is far more mobile internationally than capital. C) restrictions on international labor mobility are rare. D) labor is far more mobile internationally than it is intra-nationally. E) outsourcing increases international labor mobility.
Which of the followingcorrectlyis the money multiplier?
a. The required reserve ratio. b. 1/(1 – the required reserve ratio). c. 1/(required reserve ratio). d. 1/(1 – MPC).
Suppose there was a large increase in net exports. If the Fed wanted to stabilize output, it could
a. increase the money supply, which will reduce interest rates. b. decrease the money supply, which will reduce interest rates. c. increase the money supply, which will increase interest rates. d. decrease the money supply, which will increase interest rates.