The current account can be defined as exports plus imports
Indicate whether the statement is true or false
FALSE
Economics
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When the nominal rate of interest and the rate of inflation are the same, the real interest rate is zero
Indicate whether the statement is true or false
Economics
Due to an increase in real GDP:
a. Real consumption rises and real gross private domestic investment falls. b. Real consumption rises and real net exports fall. c. Real gross private domestic investment rises and real net exports rise. d. Real consumption rises and real gross private domestic investment remains the same. e. None of the above.
Economics