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Author Question: A French tourist spent 1,200 in the U.S this year. This transaction will lead to a(n) ________. ... (Read 30 times)

Deast7027

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on: Jun 30, 2018
A French tourist spent 1,200 in the U.S this year. This transaction will lead to a(n) ________.
 
  A) decrease in the GDP of U.S. B) increase in the GDP of France
  C) decrease in the GDP of France D) increase in the GDP of U.S.

Question 2

Let C = Ca + by define the consumption function. The term by is
 
  A) the marginal propensity to consume. B) autonomous consumption.
  C) current income. D) consumption that depends on income.


mceravolo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


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Deast7027

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Reply #2 on: Jun 30, 2018
Thank you


mceravolo

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Reply #3 on: Jun 30, 2018
No problemo


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