In the simple Keynesian model, there are three simplifying assumptions. One of these assumptions is:
A) no consumption
B) no investment
C) no exports or imports
D) a and b
E) a, b, and c
C
Economics
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If one is interested in comparing the economic well-being of citizens across countries which of the following measures would be the most useful: nominal GDP, real GDP, or real GDP per capita? Explain
What will be an ideal response?
Economics
The object of inflation targeting is for a country's central bank to try to keep the inflation rate near
A) the country's historical average economic growth rate. B) some predetermined level. C) the country's historical average inflation rate. D) the country's historical average unemployment rate.
Economics