A country has a current account deficit of -100 billion. This ...

[drink]

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.

[ErinKing]

Answer to Question 1

A

Answer to Question 2

A

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Thank you

[ErinKing]

Happy to help you