In the Open-Economy ISLM Model,net Export Is Specified as a Function

question 12

Multiple Choice

In the open-economy ISLM model,net export is specified as a function of and exchange arte is specified as a function of .

• A)output;output.
• B)money supply;interest rate.
• C)exchange rate;interest rate.
• D)exchange rate;money demand.

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Definitions:

Flat Structure

An organization structure that has wide spans of control and few hierarchical levels.

Decision Making

The process of selecting a course of action from several alternatives to achieve a desired outcome.

Levels of Management

The hierarchical layers of authority in an organization, typically ranging from top management to middle management to lower management.

Chain of Command

A hierarchical structure in an organization defining the authority and communication line from the highest to the lowest ranks.