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Author Question: An economy that does not have interactions in trade or finance with other economies is referred to ... (Read 55 times)

mspears3

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on: Jun 29, 2018
An economy that does not have interactions in trade or finance with other economies is referred to as
 
  A) a closed economy. B) an open economy.
  C) a net foreign investment economy. D) a trade-balanced economy.

Question 2

A decrease in aggregate demand results in a(n) ________ in the ________.
 
  A) expansion; long run B) recession; short run
  C) expansion; short run D) recession; long run


joanwhite

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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