Suppose that a "small country" experiences growth strongly biased toward its export, cloth
A) this will have no effect on terms of trade for the country's trading partner.
B) this will tend to worsen the country's terms of trade.
C) this will tend to improve the country's terms of trade.
D) this will tend to worsen terms of trade for the country's trading partner.
E) this will tend to improve terms of trade for the country's trading partner.
A
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In the distributed lag model, the coefficient on the contemporaneous value of the regressor is called the
A) dynamic effect. B) cumulative multiplier. C) autoregressive error. D) impact effect.
An important lesson about pricing is
a. Do not bargain with the customer b. When bargaining with the customer, do not bargain over the bundled price, bargain over unit price c. When bargaining with the customer, do not bargain over the unit price, bargain over the bundled price d. Bargain with the customer over everything
Which of the following will be required for a country to move up the income ladder and achieve high-income status?
a. rapid growth of the money supply. b. restrictions limiting the import of goods from other nations, particularly low-wage countries. c. tax incentives that encourage consumption rather than investment d. sustained economic growth
The U.S. income tax system is completely indexed for inflation
a. True b. False Indicate whether the statement is true or false