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Author Question: Which of the following is true of a small open economy, but not of a large open economy? A) Net ... (Read 98 times)

ETearle

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on: Jun 30, 2018
Which of the following is true of a small open economy, but not of a large open economy?
 
  A) Net exports are unlikely to be close to zero.
  B) The domestic real interest rate is equal to the world real interest rate.
  C) Changes in desired investment result in changes in the trade balance.
  D) Changes in desired investment result in changes in actual investment.
  E) none of the above

Question 2

Average labor productivity is computed as the
 
  A) ratio of industrial production to the employment rate.
  B) ratio of real output in manufacturing to the level of real GDP.
  C) ratio of real GDP to the unemployment rate.
  D) ratio of real GDP to the level of employment.


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komodo7

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


ETearle

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Reply #2 on: Jun 30, 2018
Correct answers!


komodo7

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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