When a temporary adverse supply shock hits a large open economy, it causes the current account to ________ and investment to ________
A) fall; fall
B) rise; remain unchanged
C) fall; remain unchanged
D) rise; fall
A
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A price ceiling imposed on a good that is below the equilibrium price will result in a shortage of that good
a. True b. False Indicate whether the statement is true or false
A market structure in which the decisions of individual buyers and sellers have no effect on market price is
A) monopoly. B) monopolistic competition. C) perfect competition. D) oligopoly.
When a telemarketer calls you about a service, this is an example of
A. indirect marketing. B. scam marketing. C. direct marketing. D. persuasive marketing.
An example of an investment is
A. the purchase of a share of Google stock. B. the purchase of a Hewlett Packard laser printer for use by a business. C. the purchase of an Exxon Mobil bond. D. all of the above.