Author Question: In the European model the stakeholder plays a less prominent role than in the Anglo-Saxon model a. ... (Read 115 times)

Melani1276 · **on:** Jun 30, 2018

In the European model the stakeholder plays a less prominent role than in the Anglo-Saxon model
a. True
b. False

Question 2

Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to real GDP and the nominal value of the domestic currency in the context of the Three-Sector-Model?
a. Real GDP rises, and nominal value of the domestic currency falls.
b. Real GDP rises, and nominal value of the domestic currency rises.
c. Real GDP falls, and nominal value of the domestic currency remains the same.
d. Real GDP falls, and nominal value of the domestic currency falls.
e. Real GDP falls, and nominal value of the domestic currency rises.