This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: GDP and GNP may differ A) because some income generated by domestic production may be received as ... (Read 62 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
GDP and GNP may differ
 
  A) because some income generated by domestic production may be received as income by foreign residents.
  B) because some intermediate good inputs are imported.
  C) because some workers are illegal aliens.
  D) whenever tariff rates become excessively high.

Question 2

The Keynesian consumption function does not display consumption smoothing, because ________.
 
  A) the average propensity to consume rises with income
  B) the marginal propensity to consume is constant
  C) consumption is not affected by the real interest rate
  D) consumption is not affected by future income


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Wow, this really help

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Experimental evidence of the effect of allelochemicals on plant production. Experimental evidence of the effect of allelochemicals on plant production.
Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Global Coffee Production Global Coffee Production
The Parade of World Income The Parade of World Income
Production efficiency vs. trophic efficiency Production efficiency vs. trophic efficiency
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library