Author Question: The trade feedback effect illustrates the fact that (Read 82 times)

jerry coleman · **on:** Apr 19, 2019

Question 1

Assume that a $1.00 increase in exports increases GDP by $3.00, and a $1.00 increase in income increases import spending by $0.15. In this case, a $1,000 million increase in exports will increase net exports by

◦ $550 million.
◦ $700 million.
◦ $1,000 million.
◦ $1,350 million.

Question 2

The trade feedback effect illustrates the fact that

◦ an increase in U.S. economic activity leads to a decrease in the economic activity of other countries.
◦ U.S. imports depress the imports of other countries.
◦ imports and exports are unrelated to one another.
◦ imports affect exports and exports affect imports.

Eunice618 · **Reply #1 on:** Apr 19, 2019

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 29% of students answer this correctly