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Author Question: Which of the following has NOT changed much as a percent of GDP over the last twenty years for the ... (Read 110 times)

abc

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on: Jun 29, 2018
Which of the following has NOT changed much as a percent of GDP over the last twenty years for the United States?
 
  i. the official settlements account
  ii. the capital and financial account
  iii. the current account
  A) ii only
  B) ii and iii
  C) iii only
  D) i only
  E) None of the above answers is correct because all three have had large swings over the last 20 years.

Question 2

A decrease in wealth ________ consumption expenditure and ________.
 
  A) increases; shifts the consumption function upward
  B) increases; shifts the consumption function downward
  C) decreases; results in a movement downward along the consumption function
  D) decreases; shifts the consumption function downward
  E) decreases; shifts the consumption function upward


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SVictor

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


abc

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Reply #2 on: Jun 29, 2018
Correct answers!


SVictor

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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