Suppose the United States' imports substantially affect foreign incomes, and the foreign countries import from the United States. The United States' spending multiplier will exceed the spending multiplier for a comparable small open economy.
Answer the following statement true (T) or false (F)
True
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The deposit expansion multiplier would increase if the Fed were to
A) raise the required reserve ratio. B) lower the required reserve ratio. C) raise the discount rate. D) sell bonds.
If it costs the DuPont Chemical Company more to make the chemical flaxinate in the United States than it does to make it in Formosa, the Formosans must have
a. a comparative advantage in producing flaxinate b. cheaper labor c. efficient traders d. greater access to the raw materials that are used to produce flaxinate e. an absolute advantage in flaxinate production
Too much spending chasing too few goods is the essence of what type of inflation?
What will be an ideal response?
How has the influx of women into the paid labor force over the past half century influenced economic growth? State at least three of the six reasons given for the increase in the number of women in the paid workforce over the past half century
Please provide the best answer for the statement.