Author Question: In 2014, which of the following countries had the lowest ratio of exports to GDP? A) Japan B) ... (Read 38 times)

Mr.Thesaxman · **on:** Jun 30, 2018

In 2014, which of the following countries had the lowest ratio of exports to GDP?

A) Japan
B) Switzerland
C) Austria
D) Netherlands
E) United States

Question 2

The natural level of output is the level of output that occurs when

A) the goods market and financial markets are in equilibrium.
B) the economy is operating at the unemployment rate consistent with both the wage-setting and price-setting equations.
C) the markup (m) is zero.
D) the unemployment rate is zero.
E) there are no discouraged workers in the economy.