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Author Question: The term balance of trade refers to the: a. importing and exporting of goods. b. importing and ... (Read 159 times)

mspears3

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on: Jun 30, 2018
The term balance of trade refers to the:
 a. importing and exporting of goods.
  b. importing and exporting of goods and services.
  c. current account trade balance.
  d. capital outflows minus inflows.

Question 2

The marginal propensity to consume (MPC) is the slope of the:
 a. GDP curve.
  b. disposable income curve.
  c. consumption function.
  d. autonomous consumption curve.


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sultansheikh

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


mspears3

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Reply #2 on: Jun 30, 2018
Thank you


sultansheikh

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Reply #3 on: Jun 30, 2018
No problemo


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