This topic contains a solution. Click here to go to the answer

Author Question: An increase in total factor productivity has different effects in an open economy relative to a ... (Read 169 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
An increase in total factor productivity has different effects in an open economy relative to a closed economy because
◦ the real interest rate does not change in the closed economy.
◦ the real interest rate decreases in the open economy and increases in the closed economy.
◦ the real interest rate does not change in the open economy.
◦ the change in the real interest rate involves a substitution effect only in the open economy.
◦ it is a positive income effect in the closed economy and a negative one in the open economy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by eruditmonkey@yahoo.com on Jan 2, 2020

katieost

  • Sr. Member
  • ****
  • Posts: 358
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




eruditmonkey@yahoo.com

  • Member
  • Posts: 546
Reply 2 on: Jan 2, 2020
Wow, this really help


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

For a complete list of videos, visit our video library