This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What typically happens to imports as income and spending rise? What will be an ideal ... (Read 65 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
What typically happens to imports as income and spending rise?
 
  What will be an ideal response?

Question 2

The gains from trade rely on overall productivity (absolute advantage).
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

Imports increase. Consumers spend more, and some of that spending will be on goods from other countries.

Answer to Question 2

FALSE


DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

(A) Bronchopneumonia with localized pattern. (B) Lobar pneumonia with a diffuse pattern within the l (A) Bronchopneumonia with localized pattern. (B) Lobar pneumonia with a diffuse pattern within the l
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Gliding Phoenix. Beginning position: Legs straight and together, arms at sides of body. 1. Rise up ... Gliding Phoenix. Beginning position: Legs straight and together, arms at sides of body. 1. Rise up ...
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Video: Introduction to Diabetes

For a complete list of videos, visit our video library