Author Question: The BP schedule will be steeper the a. more responsive capital flows are to the interest rate. ... (Read 27 times)

wrbasek0 · **on:** Jun 30, 2018

The BP schedule will be steeper the

a. more responsive capital flows are to the interest rate.
b. less responsive capital flows are to the interest rate.
c. smaller the marginal propensity to import.
d. less likely an expansionary fiscal policy will lead to a balance of payments deficit.

Question 2

Which of the following did not occur during the early years of the Great Depression?

(a) Marriage rates fell.
(b) Birth rates fell.
(c) Divorce rates increased.
(d) Actually, all of the above occurred.