Examlex

Solved

Which of the Following Are Positive Developments According to Techno-Optimists

question 5

Multiple Choice

Which of the following are positive developments according to techno-optimists?


Definitions:

Net Exports

This term refers to the value of a country's total exports minus its total imports. It can indicate whether a country is a net exporter or net importer.

Exchange Rate

The value of one currency for the purpose of conversion to another.

Sticky-Price Theory

The economic theory that prices of goods do not adjust immediately to changing economic conditions, leading to periods of economic inefficiency.

Menu Costs

The costs of changing prices.

Related Questions