Author Question: Declines in business inventories enter national income accounts: a. negatively in the consumption ... (Read 75 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
Declines in business inventories enter national income accounts:
 a. negatively in the consumption category.
  b. negatively in the investment category.
  c. negatively in the net export category.
 d. positively in the profits category.

Question 2

In the country of Marzipana, total consumption in Year 1 was 56,000 million and in Year 2 was 60,000 million. It has been observed that each time disposable income changes in this country by 100, consumption changes by 70 . Using this information compute the change in disposable income from Year 1 to Year 2.
 a. Disposable income increased by 2,800 million in Year 2.
  b. Disposable income decreased by 2,000 million in Year 2.
  c. Disposable income increased by 2,000 million in Year 2.
  d. Disposable income increased by 4,500 million in Year 2.
  e. Disposable income decreased by 2,600 million in Year 2.



duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

b

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library