Author Question: The saving-investment analysis for large open economies is somewhat more complicated than the ... (Read 11 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?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library