An increase in the real interest rate, all other things held constant, will cause a country's ________ to ________
A) current consumption: increase
B) current consumption: decrease
C) terms of trade; improve
D) terms of trade; worsen
E) welfare level; improve
B
Economics
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The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.
Economics
Explain the relationship between economic growth and labor productivity
What will be an ideal response?
Economics
Which of the following is one of the BRIC nations?
A) Indonesia B) Bangledesh C) Chile D) Belgium E) Russia
Economics
The above figure shows the reaction functions for two pizza shops in a small isolated town. The Stackelberg leader will produce
A) 25 pizzas. B) 50 pizzas. C) 66.7 pizzas. D) 100 pizzas.
Economics