Author Question: Other things equal, when Europeans want to buy more grains from the United States: a. U.S. imports ... (Read 74 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
Other things equal, when Europeans want to buy more grains from the United States:
 a. U.S. imports will increase.
  b. European exports will increase at every level of domestic income.
  c. U.S. exports will increase at every level of domestic income.
  d. the U.S. balance of payments will show a deficit.
  e. U.S. consumption spending will fall.

Question 2

Scarcity
 a. Can be eradicated with sufficient economic growth.
  b. Could be eradicated if we could just eliminate greed.
  c. Can never be eradicated
 d. Both a. and b. are true



carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library