In recent years the impact of bracket creep has been limited by the

If the demand curve is perfectly inelastic, then an increase in supply will: a. increase both the price and the quantity exchanged

b. increase the price but result in no change in the quantity exchanged. c. increase the quantity exchanged but result in no change in the price. d. decrease the price but result in no change in the quantity exchanged.

A country has $100 million of net exports and $170 million of saving. Net capital outflow is

a. $70 million and domestic investment is $170 million. b. $70 million and domestic investment is $270 million. c. $100 million and domestic investment is $70 million. d. None of the above is correct.