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Author Question: Foreign repercussions of changes in domestic imports cause the true domestic spending multiplier to ... (Read 144 times)

kamilo84

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on: Jun 30, 2018
Foreign repercussions of changes in domestic imports cause the true domestic spending multiplier to be less than 1/(MPS+MPI)
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If muffins and bagels are substitutes, a higher price for bagels would result in a(n)
 a. increase in the demand for bagels.
  b. decrease in the demand for bagels.
  c. increase in the demand for muffins.
  d. decrease in the demand for muffins.


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jharrington11

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

False

Answer to Question 2

c


kamilo84

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  • Posts: 495
Reply 2 on: Jun 30, 2018
:D TYSM

shewald78

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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