Author Question: We will generally observe that the more open an economy A) the larger the effect of fiscal policy ... (Read 44 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
We will generally observe that the more open an economy
 
  A) the larger the effect of fiscal policy on output and the larger the effect of fiscal policy on the trade position.
  B) the larger the effect of fiscal policy on output and the smaller the effect of fiscal policy on the trade position.
  C) the smaller the effect of fiscal policy on output and the larger the effect of fiscal policy on the trade position.
  D) the smaller the effect of fiscal policy on output and the smaller the effect of fiscal policy on the trade position.

Question 2

Disposable income equals
 
  A) income minus saving.
  B) income minus both saving and taxes.
  C) consumption minus taxes.
  D) the sum of consumption and saving.
  E) none of the above



babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library