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Author Question: The ratio of a country's exports to its total output (GNP or GDP) A) is known as the index of ... (Read 42 times)

DelorasTo

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The ratio of a country's exports to its total output (GNP or GDP)
 
  A) is known as the index of openness.
  B) provides a rough measure of the importance of international trade to that economy.
  C) if calculated for the United States would be quite low.
  D) All of the above.

Question 2

Economic growth would be illustrated by
 
  A) a rightward shift of aggregate demand.
  B) a leftward shift of aggregate demand.
  C) a rightward shift of aggregate supply.
  D) a leftward shift of aggregate supply.



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Heffejeff

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Answer to Question 1

D

Answer to Question 2

C




DelorasTo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


xthemafja

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Reply 3 on: Yesterday
Excellent

 

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