Author Question: A French tourist spent 1,200 in the U.S this year. This transaction will lead to a(n) ________. ... (Read 82 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?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library