According to the open-economy macroeconomic model, import quotas increase which of the following
a. net exports and net capital outflow
b. net exports but not net capital outflow.
c. net capital outflow but not net exports.
d. neither net exports nor net capital outflow.
d
You might also like to view...
An inflation rate of 5% between 2015 and 2016 would be implied by a change in the GDP deflator from ________ in 2015 to ________ in 2016
A) 105; 115 B) 400; 420 C) 200; 205 D) 375; 390
Explain how a change in the money supply can affect the following in the short run: a. The supply of loanable funds b. Real GDP c. The price level d. The expected inflation rate
As the demand for land rises
A. rents rise and more marginal land comes into use. B. rents fall and more marginal land comes into use. C. rents rise and more land becomes marginal. D. rents fall and more land becomes marginal.
A country with limited official reserves is better off pursuing fixed exchange rates.
Answer the following statement true (T) or false (F)