The HPAE have been more open to imports than most developing ...

[maychende]

The HPAE have been more open to imports than most developing countries.
 
  Indicate whether the statement is true or false

Question 2

For a given level of
 
  A) nominal GNP, changes in interest rates cause movements along the L(R,Y) schedule.
  B) real GNP, changes in interest rates cause a decrease of the L(R,Y) schedule.
  C) real GNP, changes in interest rates cause an increase of the L(R,Y) schedule.
  D) nominal GNP, changes in interest rates cause an increase in the L(R,Y) schedule.
  E) real GNP, changes in interest rates cause movements along the L(R,Y) schedule.

[karmakat49]

Answer to Question 1

TRUE

Answer to Question 2

E