Author Question: A favorable balance of trade occurs when: a. goods exports are greater than goods imports. b. ... (Read 154 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?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library