The key link between the twin deficits involves:
a. higher interest rates and a stronger dollar
b. lower interest rates and a stronger dollar.
c. higher interest rates and a weaker dollar.
d. lower interest rates and larger trade deficits
e. higher interest rates leading to more exports.
a
Economics
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If the nominal interest rate is 2 percent and the inflation rate is 4 percent, then the real rate of interest is
A) -2 percent. B) 2 percent. C) 3 percent. D) 6 percent.
Economics
Labor productivity is $30 per hour and aggregate hours are 165 billion hours. What does real GDP equal?
What will be an ideal response?
Economics