This topic contains a solution. Click here to go to the answer

Author Question: If both imports and exports rose, a. AD would decrease. b. AD would increase. c. AD would decrease ... (Read 119 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
If both imports and exports rose,
 a. AD would decrease.
 b. AD would increase.
 c. AD would decrease if exports rose more than imports.
  d. AD would increase if exports rose more than imports.

Question 2

Suppose only 7 percent of Turkey's products go to the United States. Hence, an increase in U.S. imports from Turkey:
 a. would have no significant effect on Turkey's domestic income.
  b. would significantly increase Turkey's domestic income.
  c. would significantly decrease Turkey's domestic income.
  d. would significantly increase U.S. domestic income.
  e. would significantly decrease U.S. domestic income.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

EAN94

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

d

Answer to Question 2

a




mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
:D TYSM


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library