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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 41 times)

DelorasTo

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

D

Answer to Question 2

C


DelorasTo

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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