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Author Question: The effect of a sustained increase in government spending or investment on aggregate output is ... (Read 70 times)

Mr. Wonderful

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Question 1

The law of one price states that if the costs of transportation are small, then the price of the same good in different countries should be roughly the same.


◦ true
◦ false

Question 2

The effect of a sustained increase in government spending or investment on aggregate output is larger in an open economy than in a closed economy.


◦ true
◦ false


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Marked as best answer by Mr. Wonderful on Apr 19, 2019

jgranad15

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