When spending and incomes in an economy increase,
A) imports are likely to increase.
B) imports are likely to be unchanged.
C) imports are likely to decrease.
D) exports are likely to decrease.
Question 2
With trade, the slope of the Consumption Possibilities Curve (CPC) is equal to
A) the world price of the good on the horizontal axis.
B) the world price of the good on the vertical axis.
C) the opportunity cost of the good on the horizontal axis.
D) the opportunity cost of the good on the vertical axis.
China’s 8% annual increase in oil consumption
Adults in late middle adulthood frequently look forward to spending more time with their partner
Atmospheric pressure decreases with increase in altitude.
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Increase in Surface Area by Mechanical Weathering
Increase in total spending in presidential campaigns, 1976-2020