Author Question: When the value of our goods exports is less than the value of our goods imports, a. d and e. b. ... (Read 5 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
When the value of our goods exports is less than the value of our goods imports,
 a. d and e.
  b. the value of the dollar must fall.
  c. there will be domestic unemployment.
  d. there will be an unfavorable balance of trade.
  e. foreign currency reserves must fall.

Question 2

The change in consumption divided by a change in disposable income is defined as:
 a. the marginal propensity to consume.
  b. autonomous consumption.
  c. the consumption function.
  d. Keynes' absolute disposable income hypothesis.
  e. transitory consumption.



macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library