Author Question: A French tourist spent 1,200 in the U.S this year. This transaction will lead to a(n) ________. ... (Read 79 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
A French tourist spent 1,200 in the U.S this year. This transaction will lead to a(n) ________.
 
  A) decrease in the GDP of U.S. B) increase in the GDP of France
  C) decrease in the GDP of France D) increase in the GDP of U.S.

Question 2

Let C = Ca + by define the consumption function. The term by is
 
  A) the marginal propensity to consume. B) autonomous consumption.
  C) current income. D) consumption that depends on income.



mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library