Author Question: GATT stands for: a. Good and Total Trade. b. General Agreement on Tariffs and Trade. c. Greater ... (Read 101 times)

genevieve1028 · **on:** Jun 30, 2018

GATT stands for:
a. Good and Total Trade.
b. General Agreement on Tariffs and Trade.
c. Greater Agreements Toward Trade.
d. Gold and Trade Totals.
e. Greater Area Trade Transactions.

Question 2

If people expect prices to fall in the future,
a. their consumption function in the present will shift downward.
b. their consumption function in the present will shift upward.
c. their consumption function in the present will be unchanged.
d. they will increase their current levels of consumption by moving up along their consumption functions.
e. they will decrease their current levels of consumption by moving down along their consumption functions.