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Author Question: In 2014, which of the following countries had the highest ratio of exports to GDP? A) United ... (Read 35 times)

EY67

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  • Posts: 531
on: Jun 30, 2018
In 2014, which of the following countries had the highest ratio of exports to GDP?
 
  A) United States
  B) Germany
  C) Japan
  D) Netherlands

Question 2

Suppose we wish to examine the determinants of the equilibrium real wage and equilibrium level of employment (N). In a graph with the real wage on the vertical axis, and the level of employment on the horizontal axis, the price-setting relation will now be
 
  A) a vertical line.
  B) a horizontal line.
  C) an upward sloping line.
  D) a downward sloping line.
  E) kinked at the natural rate of unemployment.


medine

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

D

Answer to Question 2

B


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