Closed economies generally do ________ open economies, in the long run.
A. about the same as
B. better in some ways and worse in other ways than
C. worse than
D. slightly better than
Answer: C
Economics
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Which of the following is a financial intermediary?
a. a mutual fund b. the stock market c. a U.S. government bond d. a wealthy individual who regularly buys and holds large quantities of government bonds
Economics
The IS-LM model predicts that a temporary beneficial supply shock
A. increases output, national saving, and the real interest rate, but not investment. B. increases output, national saving, and investment, but not the real interest rate. C. increases output, national saving, investment, and the real interest rate. D. increases the real interest rate, investment, and output, but not national saving.
Economics