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Author Question: An economic slowdown in Europe is likely to lead to a(n): a. decrease in U.S. exports and U.S. ... (Read 40 times)

iveyjurea

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on: Jun 30, 2018
An economic slowdown in Europe is likely to lead to a(n):
 a. decrease in U.S. exports and U.S. aggregate demand.
  b. increase in U.S. exports and U.S. aggregate demand.
  c. decrease in U.S. imports and U.S. aggregate demand.
  d. increase in U.S. imports and U.S. aggregate demand.

Question 2

Assume that the marginal propensity to consume equals 0.75 and the marginal propensity to import equals 0.10 . By how much does spending on domestic goods increase if income increases by 300?
 a. 195
  b. 225
  c. 30
  d. 300
  e. 75


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josephsuarez

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


iveyjurea

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Reply 2 on: Jun 30, 2018
Excellent

kilada

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Reply 3 on: Yesterday
:D TYSM

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