Which of the following is not correct for a small open economy?
A) She cannot improve her BOT.
B) She cannot affect the international price of goods.
C) She cannot affect the foreign interest rate.
D) All of the above.
A
You might also like to view...
Refer to Scenario 6.1. Suppose the friends are forced by government to combine their businesses and share what they make. With this revision to the scenario, the dominant strategy is for Tasha to work ________ and for Gloria to work ________
A) extremely hard; extremely hard B) extremely hard; somewhat hard C) somewhat hard; extremely hard D) somewhat hard; somewhat hard
What are the reasons for unequal distribution of income? List at least six reasons.
What will be an ideal response?
The government regulates food additives
A. To restrain the market power of food producers. B. To prevent externalities. C. To keep food producers from dominating their markets. D. To assess their safety.
The price of a can of soft drink is $1.25 and the marginal utility of the second can consumed is 10 utils. The marginal utility of the third hotdog is 4 utils. You should only consume the third hotdog if the price of the hotdog is less than or equal to
A. $0.25. B. $0.625. C. $0.41. D. $0.50.