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

Author Question: International trade forces countries to consume a combination of goods that is inside their ... (Read 44 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
International trade forces countries to consume a combination of goods that is inside their production possibilities curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Describe the relationship between investment and the level of disposable income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

Investment is autonomous with respect to disposable income. That is, the level of disposable income does not determine investment, but the level of the interest rate does. A decrease in the interest rate increases autonomous investment and an increase in the interest rate decreases autonomous investment.


P68T

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
Gracias!

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Renzo Piano Building Workshop, International departures lounge, Kansai International Airport, Osaka, ... Renzo Piano Building Workshop, International departures lounge, Kansai International Airport, Osaka, ...
Classes of Forces Classes of Forces
Always connect an exhaust hose to the tailpipe of a vehicle to be run inside a building. Always connect an exhaust hose to the tailpipe of a vehicle to be run inside a building.
International Economics: Theory and Policy (10th Edition) International Economics: Theory and Policy (10th Edition)
Classes of Forces Classes of Forces
Combination of arrangement and sequence is correct Combination of arrangement and sequence is correct
Video: Wound Cultures

For a complete list of videos, visit our video library