Refer to Table 8-30. Based on the table above, what is personal ...

[Jkov05]

Refer to Table 8-30. Based on the table above, what is personal income for this economy?
 
  A) 1,950 billion B) 2,030 billion C) 2,450 billion D) 5,130 billion

Question 2

In an open economy, expansionary monetary policy will cause
 
  A) consumption, investment, and net exports to rise.
  B) consumption to fall, but investment and net exports will rise.
  C) consumption to rise, but investment and net exports will fall.
  D) consumption and investment to rise, but net exports will fall.

[Carissamariew]

Answer to Question 1

B

Answer to Question 2

A