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Author Question: An open economy with a low saving rate (private and public) must have A) low investment only. B) ... (Read 34 times)

asmith134

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on: Jun 30, 2018
An open economy with a low saving rate (private and public) must have
 
  A) low investment only.
  B) high investment only.
  C) a trade surplus only.
  D) low investment or a trade deficit.
  E) low investment or a trade surplus.

Question 2

Which of the following does not explain the relatively low price inflation compared to the higher wage inflation in the U.S. during the 1990s?
 
  A) the appreciation of the dollar
  B) a reduction in benefits paid to workers
  C) an increase in the natural rate of unemployment
  D) a reduction in the price of oil


matt95

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

D

Answer to Question 2

C


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