Author Question: A favorable balance of trade occurs when: a. goods exports are greater than goods imports. b. ... (Read 144 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
A favorable balance of trade occurs when:
 a. goods exports are greater than goods imports.
  b. goods imports are greater than goods exports.
  c. international trade is an increasing share of total output.
  d. the balance on capital account equals the balance on current account.
  e. unilateral transfers are positive.

Question 2

The marginal propensity to consume is:
 a. the change in disposable income divided by the change in consumption.
  b. consumption spending divided by disposable income.
  c. disposable income divided by consumption spending.
  d. the change in consumption divided by the change in disposable income.
  e. the change in consumption divided by disposable income.



parshano

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

a

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

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?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library