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Which of the following is likely to happen if there is an increase in entrepreneurial activity in an economy?

SeaBass2013

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Which of the following is likely to happen if there is an increase in entrepreneurial activity in an economy?

Which of the following is likely to happen if there is an increase in entrepreneurial activity in an economy?

▸ The income per capita in the economy will fall.

▸ The productivity of the economy will increase.

▸ The exchange rate of its currency in the foreign exchange market will increase.

▸ The inflation rate in the economy will decrease.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 41 times

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JulzMarie

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