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
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
举一反三
- 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
- According<br/>to the Marshall-Lerner condition, currency depreciation has no effect<br/>on a country's trade balance if the elasticity of demand for its<br/>exports plus the elasticity of demand for its imports equals() A: 0.1 B: 0.5 C: 1.0 D: 2.0
- According<br/>to the Marshall-Lerner condition, currency depreciation would have a<br/>negative effect on a country's trade balance if the elasticity of<br/>demand for its exports plus the elasticity of demand for its imports<br/>equals() A: 0.5 B: 1.0 C: 1.5 D: 2.0
- Marshall-Lerner condition is that the payments deficit will be improved as a result of currency depreciation only if_______ 。( ) A: the sum of elasticity of demand for goods import and that for goods export equals one. B: the sum of elasticity of demand for goods import and that for goods export is less than one. C: the sum of elasticity of demand for goods import and that for goods export is larger than one. D: the sum of elasticity of demand for goods import is greater than that for goods export.
- For a horizontal demand curve, A: the slope is undefined, and the price elasticity of demand is equal to 0. B: the slope is equal to 0, and the price elasticity of demand is undefined. C: both the slope and price elasticity of demand are undefined. D: both the slope and price elasticity of demand are equal to 0.