A model comparing savings and foreign exchange constraints to see which is binding for economic growth is known as a
(a) project appraisal.
(b) two gap model.
(c) computable general equilibrium.
(d) trickle down model.
(e) none of the above.
B
Economics
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Suppose Ed Sike, whom you've met in chapter 8, loses one of his $10 bills. What directly happens to GDP?
A) It increases by ten dollars. B) It decreases by ten dollars. C) It decreases by more than ten dollars due to an unavoidable multiplier process. D) It remains unchanged.
Economics
A rise in net exports shifts the aggregate
a. demand curve inward. b. demand curve outward. c. supply curve outward. d. supply curve inward.
Economics