This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the relationship between U.S. real GDP and U.S. imports? What will be an ideal ... (Read 71 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
What is the relationship between U.S. real GDP and U.S. imports?
 
  What will be an ideal response?

Question 2

Relative to Al, Joe has ________ if Joe can produce a good at a lower opportunity cost than Al.
 
  A) a marginal benefit
  B) a comparative advantage
  C) more production efficiency
  D) a free lunch
  E) a comparative benefit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

When U.S. real GDP increases, so does U.S. income. And the increase in income leads to an increase in U.S. imports.

Answer to Question 2

B


storky111

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Jun 29, 2018
Correct answers!


Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Leaf structure and its relationship to the C4 cycle Leaf structure and its relationship to the C4 cycle
Relationship of the 12 cranial nerves to specific regions of the brain. Relationship of the 12 cranial nerves to specific regions of the brain.
Relationship of the conduction system to an ECG strip. Relationship of the conduction system to an ECG strip.
The relationship between pH, pKa, and the dissociation of an acid The relationship between pH, pKa, and the dissociation of an acid
Age-Crime Relationship in (a) 1842 and (b) 1992 Age-Crime Relationship in (a) 1842 and (b) 1992
The Power and Control Wheels of Abusive Relationships When one person in a relationship repeatedly ... The Power and Control Wheels of Abusive Relationships When one person in a relationship repeatedly ...
Video: Cognitive development by Piaget (Preoperational stage or intelligence)

For a complete list of videos, visit our video library