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Author Question: Points to the left of the IS curve represent excess demand for goods. Indicate whether the ... (Read 36 times)

Diane

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on: Jun 30, 2018
Points to the left of the IS curve represent excess demand for goods.
 
  Indicate whether the statement is true or false

Question 2

The terms of trade (TOT) is defined as
 
  A) (index of export prices)/(index of import prices).
  B) (home-country currency)/(foreign-country currency).
  C) .
  D)
  E) having a competitive advantage over other nations.


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wilsonbho

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

TRUE

Answer to Question 2

A


Diane

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Reply #2 on: Jun 30, 2018
Thank you :)


wilsonbho

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Reply #3 on: Jun 30, 2018
Happy to help you


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