In the open-economy macroeconomic model, the real exchange rate does not affect net capital outflow
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Refer to the information above. Given this information, we know that effective labor (NA) grows at which rate?
A) 0 B) 1% C) 4% D) 5% E) 15%
Economics
Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. If it accepts a $1,000 cash deposit, then, excluding the $1,000 initial deposit, the banking system can increase the money supply by:
A. $900. B. $910. C. $1,000. D. $9,000.
Economics