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Answer to Question #63030 in Macroeconomics for Vincent G.
Question #63030
Keynesian economic tools are not adequately effective when...
1) a trade-off exists between the rate of unemployment and the rate of inflation.
2) exports are greater than imports.
3) imports are greater than exports.
4) interest rates are high.
1) a trade-off exists between the rate of unemployment and the rate of inflation.
2) exports are greater than imports.
3) imports are greater than exports.
4) interest rates are high.
Expert's answer
3) imports are greater than exports.
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#340153 on Dec 2023
#340153 on Dec 2023
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