This topic contains a solution. Click here to go to the answer

Author Question: The term balance of payments refers to a nation's: a. goods exports minus imports. b. record of all ... (Read 65 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
The term balance of payments refers to a nation's:
 a. goods exports minus imports. b. record of all international transactions.
  c. capital inflows minus outflows. d. official reserves inflows minus outflows.

Question 2

If income increases from 110,000 to 120,000 and consumption from 108,000 to 114,000 . the marginal propensity to consume is:
 a. 0.40.
  b. 0.60.
  c. 0.94.
  d. 1.60.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aliotak

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

b

Answer to Question 2

b




imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

For a complete list of videos, visit our video library