Author Question: The marginal propensity to import is larger in Mexico than in the United States. As a result, A) ... (Read 136 times)

Lobcity · **on:** Jun 29, 2018

The marginal propensity to import is larger in Mexico than in the United States. As a result,

A) there is less autonomous investment in Mexico.
B) the expenditure multiplier is larger in Mexico.
C) the expenditure multiplier is larger in the United States.
D) induced expenditure is larger in Mexico.
E) there is more autonomous expenditure in Mexico.

Question 2

If capital gains equal zero, then the Ng family's wealth at the end of the year equals their wealth at the beginning of the year

A) plus consumption minus income.
B) plus income.
C) plus saving.
D) minus personal income taxes.
E) minus consumption.