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Author Question: An increase in real income with constant prices and domestic credit leads to the same effects under ... (Read 73 times)

madam-professor

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on: Jun 30, 2018
An increase in real income with constant prices and domestic credit leads to the same effects under both fixed and purely flexible exchange rates.
 
  Indicate whether the statement is true or false

Question 2

Economic growth at constant prices will never lead to a fall in the output of one good.
 
  Indicate whether the statement is true or false


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yifu223

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

FALSE

Answer to Question 2

FALSE
Explanation: The Rybczynski theorem proves otherwise.


madam-professor

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amandalm

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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