An increase in the real interest rate, all other things held ...

[CQXA]

An increase in the real interest rate, all other things held constant, will cause a country's ________ to ________.
 
  A) current consumption: increase
  B) current consumption: decrease
  C) terms of trade; improve
  D) terms of trade; worsen
  E) welfare level; improve

Question 2

There is clear evidence of a race-to-the-bottom internationally, regarding working conditions and the environment.
 
  Indicate whether the statement is true or false

[stillxalice]

Answer to Question 1

B

Answer to Question 2

FALSE

[CQXA]

Thanks for the timely response, appreciate it

[lcapri7]

Excellent