• 2022-06-04
    The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( )
    A: supply price elasticity of domestic import and export commodities
    B: demand income elasticity of domestic imports and exports commodities
    C: expected Elasticity of demand for domestic imports and exports commodities
    D: demand price elasticity of domestic imports and exports commodities
  • D

    举一反三

    内容

    • 0

      When demand is inelastic the price elasticity of demand is

    • 1

      Ryansaysthathewouldbuyonecupofcoffeeeverydayregardlessoftheprice.Ifheistellingthetruth,Ryan’s A: demand for coffee is perfectly inelastic. ​ B: price elasticity of demand for coffee is 1. ​ C: income elasticity of demand for coffee is 0. ​ D: None of the above answers is correct.

    • 2

      A country's trade balance is in surplus when _____ A: its exports are more than its imports B: it experiences negative inflation C: its exports equal the imports D: the prices of commodities are low in the country

    • 3

      Economists compute the price elasticity of demand as the_________.

    • 4

      The impact of the appreciation of a country's currency on its import and export revenue is (). A: exports decrease, imports increase B: exports increase, imports decrease C: exports increase, imports increase D: exports decrease, imports decrease