Author Question: Refer to Table 11.1. What is the equilibrium level of output, y? A) 1,775 B) 2,375 C) 7,100 D) ... (Read 36 times)

jasdeep_brar

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Refer to Table 11.1. What is the equilibrium level of output, y?
 
  A) 1,775 B) 2,375 C) 7,100 D) 9,500

Question 2

Trade deficits always lead to future decreases in consumption if the trade deficits
 
  A) support current investment.
  B) support current consumption.
  C) require borrowing from abroad.
  D) support either current investment or current consumption.


yifu223

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Answer to Question 1

A

Answer to Question 2

B



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