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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 82 times)

nelaaney

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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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Answer to Question 1

b

Answer to Question 2

c




nelaaney

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Reply 2 on: Jun 30, 2018
Wow, this really help


phuda

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

 

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