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Author Question: Which of the following would be recorded in the U.S. goods export account? a. Harry, an American ... (Read 29 times)

Bob-Dole

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on: Jun 30, 2018
Which of the following would be recorded in the U.S. goods export account?
 a. Harry, an American citizen, spends 1,000 francs on vacation in the south of France.
  b. A machine shop in Ohio purchases a grinder made in Italy.
  c. Martha receives a 50 dividend check on stock she owns in a business in Germany.
  d. The U.S. government subsidizes American farmers for planting corn for export.
  e. France purchases a new jet fighter aircraft from the Boeing Company in the United States.

Question 2

The ratio of a change in consumption to a change in disposable income is the:
 a. consumption function.
  b. propensity to consume.
  c. average propensity to consume.
  d. extra propensity to consume.
  e. marginal propensity to consume.


tashiedavis420

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

e


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