In a country with floating exchange rates and high capital mobility, an increase in government spending will be
A) less effective than with low capital mobility.
B) highly effective.
C) not effective at all.
D) harmful to the growth of real incomes.
A
Economics
You might also like to view...
In a perfectly competitive market that is in long-run equilibrium, a rightward shift in the market demand curve results in
A) the price falling in the short run. B) the firms' economic profits falling in the short run. C) firms leaving the industry in the long run. D) none of the events listed above.
Economics
The 1980s were characterized by ________ monetary policy and ________ fiscal policy
A) tight; easy B) tight; tight C) easy; easy D) easy; tight
Economics