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Author Question: The term balance of payments refers to a nation's: a. goods exports minus imports. b. record of all ... (Read 66 times)

imanialler

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on: Jun 30, 2018
The term balance of payments refers to a nation's:
 a. goods exports minus imports. b. record of all international transactions.
  c. capital inflows minus outflows. d. official reserves inflows minus outflows.

Question 2

If income increases from 110,000 to 120,000 and consumption from 108,000 to 114,000 . the marginal propensity to consume is:
 a. 0.40.
  b. 0.60.
  c. 0.94.
  d. 1.60.


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aliotak

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

b

Answer to Question 2

b


imanialler

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nothere

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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