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Author Question: The account which records a nation's foreign economic transactions is called the: a. Trade Account. ... (Read 61 times)

TVarnum

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on: Jun 30, 2018
The account which records a nation's foreign economic transactions is called the:
 a. Trade Account. b. T account.
  c. Exchange Market. d. Balance of Payments.

Question 2

Mathematically, the marginal propensity to consume is:
 a. consumption divided by income.
  b. the change in consumption divided by the change in income.
  c. income divided by consumption.
  d. the change in income divided by the change in consumption.


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momolu

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

d

Answer to Question 2

b


TVarnum

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Reply #2 on: Jun 30, 2018
Thank you :)


momolu

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Reply #3 on: Jun 30, 2018
Happy to help you


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