In a Two-Good,two-Period Model with Trade,an Increase in Current Domestic

question 59

Multiple Choice

In a two-good,two-period model with trade,an increase in current domestic total factor productivity

• A) increases domestic output and increases the current account surplus.
• B) increases domestic output and decreases the current account surplus.
• C) decreases domestic output and increases the current account surplus.
• D) decreases domestic output and decreases the current account surplus.
• E) decreases domestic output and decreases the marginal product of capital.

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Definitions:

Kindreds

A network of relatives within which individuals possess rights and obligations; often extending beyond immediate family.

Focal Person

An individual who is the center of attention or the main subject of study in a particular research or discussion.

Kindreds

Networks of relatives extended beyond the immediate family, including all individuals related by blood, marriage, or adoption.

EGO

In kinship terminology, the central person from whom the degree of each relationship is traced.