Author Question: The quantity of imports will decrease when there is A) an increase in the real exchange rate. B) ... (Read 145 times)

codyclark · **on:** Jun 30, 2018

The quantity of imports will decrease when there is

A) an increase in the real exchange rate.
B) a reduction in domestic output.
C) a reduction in foreign output.
D) all of the above
E) none of the above

Question 2

Of the following, the most often used measure of changing living standards is

A) the growth rate of nominal GDP.
B) the growth rate of real GDP.
C) the growth rate of nominal GDP per capita.
D) the growth rate of real GDP per capita.
E) unemployment per capita.