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Author Question: An increase in real income with constant prices and domestic credit leads to the same effects under ... (Read 74 times)

madam-professor

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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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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
:D TYSM


nothere

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Reply 3 on: Yesterday
Excellent

 

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