The formula, , is equal to the A) expenditure multiplier. B) ...

[james9437]

The formula, , is equal to the
 
  A) expenditure multiplier.
  B) marginal propensity to export.
  C) marginal propensity to consume.
  D) marginal tax rate.
  E) total amount of autonomous expenditure.

Question 2

A currency system in which governments try to keep the values of their currencies constant against another is called a ________ exchange rate system.
 
  A) flexible B) consistent C) fixed D) stable

[vickyvicksss]

Answer to Question 1

A

Answer to Question 2

C

[james9437]

TYSM

[peter]

Thanks for the timely response, appreciate it