[Answered] Points to the left of the IS curve represent excess demand for goods. Indicate whether the ...

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Author Question: Points to the left of the IS curve represent excess demand for goods. Indicate whether the ... (Read 55 times)

Diane

Hero Member
Posts: 576

on: Jun 30, 2018

Points to the left of the IS curve represent excess demand for goods.

Indicate whether the statement is true or false

Question 2

The terms of trade (TOT) is defined as

A) (index of export prices)/(index of import prices).
B) (home-country currency)/(foreign-country currency).
C) .
D)
E) having a competitive advantage over other nations.

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wilsonbho

Sr. Member
Posts: 322

Reply #1 on: Jun 30, 2018

Answer to Question 1

TRUE

Answer to Question 2

A

Diane

Hero Member
Posts: 576

Reply #2 on: Jun 30, 2018

Thank you

wilsonbho

Sr. Member
Posts: 322

Reply #3 on: Jun 30, 2018

Happy to help you

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Author Question: Points to the left of the IS curve represent excess demand for goods. Indicate whether the ... (Read 55 times)

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