Solved

A Change in Imports Caused by Rising Australian Incomes Is

Question 73

Multiple Choice

A change in imports caused by rising Australian incomes is


A) a decrease in autonomous expenditure.
B) an increase in induced exports.
C) a change in induced expenditure.
D) an increase in autonomous expenditure.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q68: You are given the following information about

Q69: -In the above</p></div><svg width=

Q70: Because of the multiplier, a one- time

Q71: -In an economy,</p></div><svg width=

Q72: In general, an increase in autonomous expenditure

Q74: -In the above</p></div><svg width=

Q75: The intertemporal substitution effect of a change

Q76: The slope of the aggregate expenditure curve

Q77: An increase in the price level decreases

Q78: Induced expenditure includes _.
A)induced consumption and government

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents