Author Question: An increase in the real interest rate, all other things held constant, will cause a country's ... (Read 68 times)

CQXA · **on:** Jun 30, 2018

An increase in the real interest rate, all other things held constant, will cause a country's ________ to ________.

A) current consumption: increase
B) current consumption: decrease
C) terms of trade; improve
D) terms of trade; worsen
E) welfare level; improve

Question 2

There is clear evidence of a race-to-the-bottom internationally, regarding working conditions and the environment.

Indicate whether the statement is true or false