If the world terms of trade equal those of country H, then

A) country H but not country F will gain from trade.
B) country H and country F will both gain from trade.
C) neither country H nor F will gain from trade.
D) only the country whose government subsidizes its exports will gain.
E) country F but not country H will gain from trade.

E

Economics

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In a simplified system, a bank receiving a new deposit can extend new loans equal to the amount by which its excess reserves increase

a. True b. False Indicate whether the statement is true or false

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The general formula for calculating the desired fiscal stimulus is

A. AD shortfall × the multiplier. B. AD shortfall ÷ the multiplier. C. 1/(AD shortfall ÷ the multiplier). D. 1/(AD shortfall × the multiplier).

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