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

Author Question: International trade forces countries to consume a combination of goods that is inside their ... (Read 50 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
International trade forces countries to consume a combination of goods that is inside their production possibilities curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Describe the relationship between investment and the level of disposable income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

Investment is autonomous with respect to disposable income. That is, the level of disposable income does not determine investment, but the level of the interest rate does. A decrease in the interest rate increases autonomous investment and an increase in the interest rate decreases autonomous investment.


P68T

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Freedom House is a nonprofit institution that uses several different factors to rank countries based Freedom House is a nonprofit institution that uses several different factors to rank countries based
Ekman’s six primary facial expressions of emotion and one combination facial expression. ... Ekman’s six primary facial expressions of emotion and one combination facial expression. ...
Share of Human Capital in Wages in Developing Countries Share of Human Capital in Wages in Developing Countries
Forces affecting capillary exchange Forces affecting capillary exchange
The forces of diffusion and electrostatic pressure. (a) In diffusion, solutes move from an area of h The forces of diffusion and electrostatic pressure. (a) In diffusion, solutes move from an area of h
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library