Author Question: Define the term import. What will be an ideal response?[br][br][b][color=#9E3EA8]Question ... (Read 101 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
Define the term import.
 
  What will be an ideal response?

Question 2

In the traditional Keynesian model, if the government increases government spending,
 
  A) the C + I + G + X line will shift up but the aggregate demand curve will not shift.
  B) the C + I + G + X line will shift down but the aggregate demand curve will not shift.
  C) the C + I + G + X line will shift up and the aggregate demand curve will shift to the right.
  D) the C + I + G + X line will shift down and the aggregate demand curve will shift to the left.


ky860224

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

An import is a product produced in a foreign country and purchased by residents of the home country.

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

For a complete list of videos, visit our video library