For a major country with extensive capital flows, what is the effect of an increase in interest rates?
a. a currency depreciation and increased net exports
b. a currency depreciation and reduced net exports
c. a currency appreciation and increased net exports
d. a currency appreciation and reduced net exports
d
Economics
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If demand is ________, a price cut ________ the total revenue
A) elastic; increases B) unit elastic; decreases C) inelastic; increases D) inelastic; does not change E) normal; decreases
Economics
A free press could help reduce corruption, which would then promote growth, by all of the following except:
A. publishing stories about health issues B. investigative reporting about corruption among government officials C. publishing gossip columns about a politician's personal matter D. strengthening the rule of law and property rights
Economics