In the United States over the past sixty years, the fraction of GNP devoted to consumption has fluctuated in a range of about
A) 42 to 49 percent.
B) 32 to 39 percent.
C) 22 to 29 percent.
D) 82 to 89 percent.
E) 62 to 70 percent.
Correct Answer:
Verified
Q30: In the United States, (gross) investment has
Q31: Investment is usually
A) more variable than consumption.
B)
Q32: Which of the following is FALSE about
Q33: Which one of the following expressions is
Q34: In an open economy, the CA is
Q36: A closed economy
A) can save either by
Q37: In an open economy, private saving, ,
Q38: Which of the following is TRUE?
A) A
Q39: A country's current account
A) balance equals the
Q40: Government savings, , is equal to
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