This topic contains a solution. Click here to go to the answer

Author Question: Which of the following has NOT changed much as a percent of GDP over the last twenty years for the ... (Read 37 times)

abc

  • Hero Member
  • *****
  • Posts: 543
Which of the following has NOT changed much as a percent of GDP over the last twenty years for the United States?
 
  i. the official settlements account
  ii. the capital and financial account
  iii. the current account
  A) ii only
  B) ii and iii
  C) iii only
  D) i only
  E) None of the above answers is correct because all three have had large swings over the last 20 years.

Question 2

A decrease in wealth ________ consumption expenditure and ________.
 
  A) increases; shifts the consumption function upward
  B) increases; shifts the consumption function downward
  C) decreases; results in a movement downward along the consumption function
  D) decreases; shifts the consumption function downward
  E) decreases; shifts the consumption function upward



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SVictor

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

For a complete list of videos, visit our video library