The BP schedule will be steeper the
a. more responsive capital flows are to the interest rate.
b. less responsive capital flows are to the interest rate.
c. smaller the marginal propensity to import.
d. less likely an expansionary fiscal policy will lead to a balance of payments deficit.
B
Economics
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Which of the following non-OPEC nations have raised and lowered production in step with the OPEC nations, thus making the cartel more effective?
A. Venezuela and Nigeria B. Iran and Iraq C. Mexico and Norway D. Mexico and the United States
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One way of alleviating opportunism is:
A. contracts in complex contracting environments. B. spot exchange. C. dedicated assets. D. vertical integration.
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