In a large open economy, an increase in ________ leads to ________
A) desired saving; an increase in the domestic interest rate
B) desired investment; an decrease in the domestic interest rate
C) desired saving; an increase in desired investment
D) desired saving; a decrease in actual investment
E) none of the above
E
Economics
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If the U.S. government removes tariffs it had placed on imports from countries that have been accused of deliberately undervaluing their currencies, the price of these imports will ________ and the demand for the undervalued currency will ________
A) fall; rise B) rise; rise C) rise; fall D) fall; fall
Economics
If a product has an elastic demand, it means that consumers are relatively insensitive to a change in the price of the product
a. True b. False Indicate whether the statement is true or false
Economics