What Macroeconomic Measures Are Considered Fixed in Our Open-Economy Model

question 60

Multiple Choice

What macroeconomic measures are considered fixed in our open-economy model?

• A) the exchange rate, GDP, and the world real interest rate
• B) the exchange rate, world real interest rate, and the inflation rate
• C) net capital outflow, the inflation rate, and the price level
• D) GDP, the price level, and the world real interest rate

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Definitions:

Dodge Brothers

Historical figures known for their role in the early automotive industry, particularly for founding the Dodge Brothers Company.

General Motors

An American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Figurative Marketing

The use of metaphorical or symbolic language to promote or sell products in a way that evokes imagination.