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Author Question: If a nation's imports exceed its exports: a. net exports will be positive. b. GDP will be less than ... (Read 80 times)

stephzh

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on: Jun 30, 2018
If a nation's imports exceed its exports:
 a. net exports will be positive.
 b. GDP will be less than the sum of consumption, investment, and government purchases.
  c. GDP will be greater than the sum of consumption, investment, and government purchases.
  d. none of the above apply.

Question 2

As an household's wealth increases, it will experience a(n):
 a. increase in its MPC.
  b. decrease in autonomous consumption.
  c. decrease in its MPS.
  d. increase in autonomous consumption.
  e. increase in autonomous saving.


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flannelavenger

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

b

Answer to Question 2

d


stephzh

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  • Posts: 556
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Kedrick2014

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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