In the open-economy macroeconomic model, which of the following would make British net for
A.A decrease in U.S. interest rates
B.A decrease in Britain's interest rates
C.An appreciation of the British pound
D.None of the above
A.A decrease in U.S. interest rates
B.A decrease in Britain's interest rates
C.An appreciation of the British pound
D.None of the above
A、physical
B、session
C、network
D、presentation
E、application
F、transport
A、are constructed to mirror reality as closely as possible, and in this respect economic models are no different from other scientific models.
B、are constructed to mirror reality as closely as possible, and in this respect economic models are very different from other scientific models.
C、are simplifications of reality, and in this respect economic models are no different from other scientific models.
D、are simplifications of reality, and in this respect economic models are very different from other scientific models.
A、The government sets the price of televisions; firms respond to the price by producing a specific level of output.
B、The government sets the quantity of televisions; firms respond to the quantity by charging a specific price.
C、The market equilibrium price for televisions maximizes the total welfare of television buyers and sellers.
D、The market equilibrium price for televisions maximizes consumer welfare and minimizes producer profit.
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