If Slovenia is a small country in world trade terms, then if it imposes a large series of tariffs on many of its imports, this would
A) have no effect on its terms of trade.
B) improve its terms of trade.
C) deteriorate its terms of trade.
D) decrease its marginal propensity to consume.
E) increase its exports.
A
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a. M1 b. M2 c. GDP d. cash
The price level in Country A is 250 . The price level in Country B is 300 . If purchasing-power parity holds, what is the nominal value of Country A's currency in the market for foreign exchange with Country B? Show your work
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________ of income redistribution argue that redistribution ________ those who, through no fault of their own, are unable to earn an adequate income.
A. Opponents; helps B. Proponents; harms C. Proponents; helps D. Opponents; harms