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Author Question: We will generally observe that the less open an economy A) the larger the effect of fiscal policy ... (Read 53 times)

B

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on: Jun 30, 2018
We will generally observe that the less open an economy
 
  A) the larger the effect of fiscal policy on output and the larger the effect of fiscal policy on the trade position.
  B) the larger the effect of fiscal policy on output and the smaller the effect of fiscal policy on the trade position.
  C) the smaller the effect of fiscal policy on output and the larger the effect of fiscal policy on the trade position.
  D) the smaller the effect of fiscal policy on output and the smaller the effect of fiscal policy on the trade position.

Question 2

In the IS-LM-PC model, which of the following is assumed to be exogenous?
 
  A) G
  B) C
  C) I
  D) Y


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AmberC1996

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

B

Answer to Question 2

A


B

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

emsimon14

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

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