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

Author Question: The expression social market economy, when applied to the German economic system, refers to a. the ... (Read 36 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
The expression social market economy, when applied to the German economic system, refers to
 a. the poor performance of the German economy after World War II.
  b. the absence of national economic planning.
  c. the combination of state intervention and market forces to achieve desired social goals.
  d. the rejection of private ownership.
  e. none of the above.

Question 2

Assume that the central bank purchases government securities in the open market. If the nation has low mobility 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 falls, and nominal value of the domestic currency rises.
  c. Real GDP rises, and the nominal value of the domestic currency remains the same.
  d. Real GDP rises, and nominal value of the domestic currency rises.
  e. There is not enough information to determine what happens to these two macroeconomic variables.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

enass

  • Sr. Member
  • ****
  • Posts: 380
Answer to Question 1

C

Answer to Question 2

.A




Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library