« previous next »

Author Question: When spending and incomes in an economy increase, A) imports are likely to increase. B) imports ... (Read 45 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
When spending and incomes in an economy increase,
 
  A) imports are likely to increase.
  B) imports are likely to be unchanged.
  C) imports are likely to decrease.
  D) exports are likely to decrease.

Question 2

With trade, the slope of the Consumption Possibilities Curve (CPC) is equal to
 
  A) the world price of the good on the horizontal axis.
  B) the world price of the good on the vertical axis.
  C) the opportunity cost of the good on the horizontal axis.
  D) the opportunity cost of the good on the vertical axis.


joshraies

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Gossip and ridicule increase the status insecurity of this time of life. Gossip and ridicule increase the status insecurity of this time of life.
Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ... Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ...
Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
Researchers and Research Spending, 2009 Researchers and Research Spending, 2009
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library