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Author Question: The account which records a nation's foreign economic transactions is called the: a. Trade Account. ... (Read 124 times)

TVarnum

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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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Answer to Question 1

d

Answer to Question 2

b





 

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