In the open-economy macroeconomic model, if there were a surplus in the market for foreign-currency exchange, the real exchange rate would appreciate
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If the price elasticity of supply of corn is 3.12, then is the supply of corn elastic or inelastic?
What will be an ideal response?
Economics
The supply of loanable funds, or "national saving," is equal to:
A. income ? consumption. B. income ? consumption ? taxes. C. income ? consumption ? government spending. D. income ? consumption ? government spending ? taxes.
Economics