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

Author Question: International trade forces countries to consume a combination of goods that is inside their ... (Read 42 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
International trade forces countries to consume a combination of goods that is inside their production possibilities curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Describe the relationship between investment and the level of disposable income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

Investment is autonomous with respect to disposable income. That is, the level of disposable income does not determine investment, but the level of the interest rate does. A decrease in the interest rate increases autonomous investment and an increase in the interest rate decreases autonomous investment.


P68T

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Suzuki Harunobu, Two Courtesans, Inside and Outside the Display Window. Suzuki Harunobu, Two Courtesans, Inside and Outside the Display Window.
Countries of Origin of Asian Americans Countries of Origin of Asian Americans
For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ... For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ...
Forces Acting on Plates Forces Acting on Plates
Which outcome corresponds to the combination of silver and carbonate ions shown in the ... Which outcome corresponds to the combination of silver and carbonate ions shown in the ...
International Business Management International Business Management
Video: Structure of Amino Acid, Peptide Bonds & Polypeptides

For a complete list of videos, visit our video library