Author Question: The saving-investment analysis for large open economies is somewhat more complicated than the ... (Read 31 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
The saving-investment analysis for large open economies is somewhat more complicated than the analysis for small open economies mainly because ________.
 
  A) there is more information to keep track of for larger economies
  B) there are more unknowns in larger economies
  C) a larger economy may actually affect the world economy
  D) all of the above
  E) none of the above

Question 2

The consumer's lifetime budget constraint states that
 
  A) the present value of lifetime consumption must be equal to the present value of lifetime gross income.
  B) the present value of lifetime consumption must be equal to the present value of lifetime disposable income.
  C) the present value of lifetime consumption plus the present value of lifetime taxes to be paid must be equal to the present value of lifetime income.
  D) the present value of lifetime taxes to be paid by the consumer must be equal to the present value of government spending.



juwms

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

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?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library