Which of the following would be recorded in the U.S. goods export ...

[Bob-Dole]

Which of the following would be recorded in the U.S. goods export account?
 a. Harry, an American citizen, spends 1,000 francs on vacation in the south of France.
  b. A machine shop in Ohio purchases a grinder made in Italy.
  c. Martha receives a 50 dividend check on stock she owns in a business in Germany.
  d. The U.S. government subsidizes American farmers for planting corn for export.
  e. France purchases a new jet fighter aircraft from the Boeing Company in the United States.

Question 2

The ratio of a change in consumption to a change in disposable income is the:
 a. consumption function.
  b. propensity to consume.
  c. average propensity to consume.
  d. extra propensity to consume.
  e. marginal propensity to consume.

[tashiedavis420]

Answer to Question 1

e

Answer to Question 2

e