If you were building a macroeconomic model that explores the effect of the increase in interest rates on the inflation rate in Great Britain, interest rates would be an ________ variable and the inflation rate would be an ________ variable

According to the open-economy macroeconomic model, if the U.S. government budget deficit decreases, then both U.S. domestic investment and net capital outflow increase

a. True b. False Indicate whether the statement is true or false

In a growing economy, it is possible to eliminate

A. absolute poverty. B. either absolute nor relative poverty. C. both absolute and relative poverty. D. relative poverty.