A Model Comparing Savings and Foreign Exchange Constraints to See

question 32

Multiple Choice

A model comparing savings and foreign exchange constraints to see which is binding for economic growth is known as a

• A)project appraisal.
• B)two gap model.
• C)computable general equilibrium.
• D)trickle down model.
• E)none of the above.

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Definitions:

Part Performance

A legal doctrine that allows a court to enforce an otherwise unenforceable contract based on a party's partial completion of the contract terms.

Statute of Frauds

A law requiring certain types of contracts to be in writing and signed to be enforceable.

UCC's Writing

Refers to the requirement under the Uniform Commercial Code that certain contracts, to be enforceable, must be in writing.

Quantity

A measurable amount or the total number, volume, or extent of something.