Question #132176
which of the following is correct about export in the Keynesian model?
1. increase the multiplier
2. increase due to a depreciation in the SA rand against its major trading partners.
3. increase as domestic interest rates decrease.
4. increase when the level of domestic income increases.
1. increase the multiplier
2. increase due to a depreciation in the SA rand against its major trading partners.
3. increase as domestic interest rates decrease.
4. increase when the level of domestic income increases.
Expert's answer
2 because of a waek currency the domestic products becomes cheaper on global market
