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Author Question: The balance of payments ____. a. b and e b. is always zero c. with some nations is different than ... (Read 14 times)

piesebel

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on: Jun 30, 2018
The balance of payments ____.
 a. b and e
  b. is always zero
  c. with some nations is different than it is with others
  d. is negative when the nation runs a trade deficit
  e. can only be expanded when the government has foreign exchange reserves

Question 2

The fraction of each added dollar of disposable income that is used for consumption is called the:
 a. average propensity to consumer (APC).
  b. autonomous consumption rate (ACR).
  c. marginal consumption propensity (MCP).
  d. marginal propensity to consume (MPC).


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xthemafja

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

b

Answer to Question 2

d


piesebel

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
Excellent

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