In the Mundell-Fleming model, regardless of whether the economy has perfect capital mobility or not, an increase in the money supply
a. reduces interest rates .
b. increases income.
c. decreases the trade balance.
d. increases capital inflows.
B
Economics
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The law of demand says that the lower the price, the
a. greater is the quantity demanded b. greater is the demand for the good c. smaller is the demand for the good d. smaller is the quantity demanded e. larger is the supply of the good
Economics
One reason unbalanced development strategies do not succeed is because they require a basic minimum ___________ that is not always in place
a. of markets b. of skilled work force c. big-push investments d. infrastructure e. entrepreneurial incentive
Economics