Which four nations account for most of the population and economic activity in Latin America?

In the basic closed-economy ISLM model, the LM curve can be described by an equation where

A) output is a function of consumption. B) money is a function of interest rates. C) output is a function of money. D) interest rate is a function of output.

Which of the following is not a drawback of forecasting using the compound growth rate method?

A) only considers first and last observations B) considers only equal absolute changes C) disregards fluctuations between the original and terminal observations D) does not consider any trends in the data