In a country with floating exchange rates and low capital mobility, an increase in government spending will be
A) highly effective.
B) less effective than with high capital mobility.
C) not effective at all.
D) harmful to the growth of real incomes.
A
Economics
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The table above lists the market shares of the twenty makers of personal computers. The Herfindahl-Hirschman Index for this industry equals
A) 5. B) 250. C) 1250. D) 500.
Economics
If your income goes down by10% and, in response, the quantity demanded of good x falls by 20%, the income elasticity of demand would be:
a. 2 b. 4 c. .5 d. .20
Economics