Author Question: Among industrialized economies, taxes as a percentage of GDP are lowest in: a. The Four Tigers b. ... (Read 46 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
Among industrialized economies, taxes as a percentage of GDP are lowest in:
 a. The Four Tigers
  b. Germany and France
  c. The United States
  d. Australia and New Zealand
  e. None of the above

Question 2

Assume that the central bank purchases government securities in the open market. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the GDP Price Index and current international transactions in the context of the Three-Sector-Model?
 a. The GDP Price Index rises, and current international transactions becomes more positive (or less negative).
  b. The GDP Price Index rises, and current international transactions becomes more negative (or less positive).
  c. The GDP Price Index and current international transactions remain the same.
  d. The GDP Price Index rises, and current international transactions remain the same.
  e. There is not enough information to determine what happens to these two macroeconomic variables.



chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

A

Answer to Question 2

.A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

For a complete list of videos, visit our video library