In which of the following countries did exports account for the biggest percent of GDP in 2011?
A. Japan
B. United States
C. Netherlands
D. Germany
C. Netherlands
Economics
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In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, an increase in the money supply does all of the following EXCEPT:
a. increase interest rates. b. increase income. c. increase the IS curve. d. increase inflation.
Economics
An oligopoly model that describes formal collusion is the
a. kinked demand curve model b. cartel model c. cost-plus pricing model d. game theory model e. horizontal merger model
Economics
What would be the long-run equilibrium result of output expansion in a decreasing-cost industry?
Economics
We do not add up the value of all intermediate goods produced in 2000 and record them as part of 2000 GDP
Indicate whether the statement is true or false
Economics