In an open economy, how many bikes will this country export?

A. 20,000
B. 60,000
C. 80,000
D. 50,000

Answer: B

Economics

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A large country imposes capital controls that prohibit foreign borrowing and lending by domestic residents. The country is currently running a financial account surplus. The imposition of the capital controls will cause

A) net exports to decrease. B) real domestic interest rates to rise. C) real world interest rates to rise. D) desired national saving to fall.

Economics

As a result of the pay-as-you-go nature of Social Security financing, the continuation of benefit payments is dependent upon _____

a. new individuals entering the system b. the current tax level c. current economic growth rates d. the Baby Boomer's decision on when to retire

Economics