Multiple Choice
Some of the variables on which net exports depend are
A) the domestic real interest rate, foreign real GDP, and domestic real GDP.
B) the real exchange rate, foreign real interest rates, and domestic real GDP.
C) the real exchange rate, foreign real GDP, and domestic real GDP.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q44: The flexible-price assumption means most importantly<br>A) that
Q45: A typical firm's profit is found by
Q46: The marginal propensity to consume (MPC, C<sub>y</sub>)<br>A)
Q47: Fluctuations in economy-wide investment spending have two
Q48: One's transitory income is<br>A) the average level
Q50: The investment function is<br>A) I<sub>0</sub> + I<sub>r</sub>
Q51: Each of the following is a key
Q52: The flexible-price assumption means that<br>A) prices and
Q53: The Classical assumptions of the macroeconomy include
Q54: The value of C<sub>y</sub>, the MPC,<br>A) is