According to Scenario 4-1, country C has net exports of:

If firms and workers have rational expectations, including knowledge of the policy being used by the Federal Reserve, the short-run Phillips curve will be

A) vertical. B) flatter in the long run than it is in the short run. C) negatively sloped. D) positively sloped.

One of the negative side effects of financial globalization is that national economic policies lack the discipline that they did in the past

Indicate whether the statement is true or false