Answer:
B
Explanation:
The macroeconomic model is a tool for analysis formed to explain the operation of the problems of economy of a country or particular region.
An open-economy is one where the country or region trades with other countries or regions.
Hence, the open-economy macroeconomic model examines how the balance of trade of the country influences currency exchange rates via its influence on both demand and supply for foreign exchange.
Answer:
social exchange
Explanation:
social exchange
The concept of social exchange implies that social behaviour stems from the process of exchange This trade of exchange is aimed at optimising benefits and reducing costs. As per this theory Individuals consume the potential advantage and risks of social relations When the threats outweigh the benefits, this partnership is terminated or abandoned by individuals.
Explanation:
Modern period table has 18 groups and 7 periods.
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