Author Question: A French tourist spent 1,200 in the U.S this year. This transaction will lead to a(n) ________. ... (Read 72 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
A French tourist spent 1,200 in the U.S this year. This transaction will lead to a(n) ________.
 
  A) decrease in the GDP of U.S. B) increase in the GDP of France
  C) decrease in the GDP of France D) increase in the GDP of U.S.

Question 2

Let C = Ca + by define the consumption function. The term by is
 
  A) the marginal propensity to consume. B) autonomous consumption.
  C) current income. D) consumption that depends on income.



mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

For a complete list of videos, visit our video library