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

Author Question: GDP and GNP may differ A) because some income generated by domestic production may be received as ... (Read 23 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
GDP and GNP may differ
 
  A) because some income generated by domestic production may be received as income by foreign residents.
  B) because some intermediate good inputs are imported.
  C) because some workers are illegal aliens.
  D) whenever tariff rates become excessively high.

Question 2

The Keynesian consumption function does not display consumption smoothing, because ________.
 
  A) the average propensity to consume rises with income
  B) the marginal propensity to consume is constant
  C) consumption is not affected by the real interest rate
  D) consumption is not affected by future income


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Territory sizes differ among animals. Territory sizes differ among animals.
Distribution of the Income of Americans Distribution of the Income of Americans
Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Production of ABO blood group antigens Production of ABO blood group antigens
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library