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Author Question: When a nation totally bans trade with another country, it is imposing a(n): a. tariff. b. embargo. ... (Read 70 times)

nelaaney

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on: Jun 30, 2018
When a nation totally bans trade with another country, it is imposing a(n):
 a. tariff. b. embargo.
  c. quota. d. none of these.

Question 2

The consumption function has a slope less than one because:
 a. as disposable income increases, the real rate of interest will decline.
  b. saving and consumption are equal at all levels of income.
  c. as disposable income increases, consumption expenditures increase by an amount less than the increase in income.
  d. as disposable income increases, consumption expenditures increase by an amount greater than the increase in income.


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Tabitha_2016

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


nelaaney

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amcvicar

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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