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Author Question: A country has a current account deficit of -100 billion. This implies that ________. A) payments ... (Read 120 times)

drink

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on: Jun 30, 2018
A country has a current account deficit of -100 billion. This implies that ________.
 
  A) payments to foreigners exceed payments received from foreigners
  B) its exports exceed its imports by 100 billion
  C) net factor payments from abroad is positive
  D) net transfers from abroad is positive

Question 2

If the government increased its purchases of goods and services by 12,000, and this resulted in an eventual increase in GDP and income of 60,000, the MPS would be equal to
 
  A) 0.2. B) 0.4. C) 0.8. D) 2.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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ErinKing

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

A

Answer to Question 2

A


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drink

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Reply #2 on: Jun 30, 2018
Thank you :)


ErinKing

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Reply #3 on: Jun 30, 2018
Happy to help you


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