GDP, according to the income method, is the sum of:
a. wages, rent, interest, and profits.
b. consumption, gross investment, depreciation, and net exports.
c. depreciation, net factor income from abroad, and indirect business taxes.
d. gross investment, wages, profits, rent, and indirect business taxes.
e. consumption, profits, interest, rent, and net exports.
a
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Which of the following result from a change in the money supply brought about by an open market purchase?
A) lower interest rate, higher exchange rate, decreased demand for investment and net exports B) higher interest rate, higher exchange rate, increased demand for investment and decreased demand for net exports C) lower interest rate, lower exchange rate, increased demand for investment and net exports D) higher interest rate, lower exchange rate, decreased demand for investment and increased demand for net exports
Describe the background factors that contributed to the Asian financial crisis
What will be an ideal response?