In a Small Country, the Effect of a Given Change

question 67

Multiple Choice

In a small country, the effect of a given change in government spending:

• A) on output and the trade balance is ambiguous.
• B) on output is large and the effect on the trade balance is large.
• C) on output is small and the effect on the trade balance is large.
• D) on output is small and the effect on the trade balance is small.
• E) on output is large and the effect on the trade balance is small.

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Definitions:

Employee Selection Process

A systematic approach used by employers to review applications, assess candidates, and hire the most suitable individual for a job.

Appraisal Process

The methodical evaluation of a piece of property's value, an employee's performance, or the quality of an asset or project.