Consider an import function with Y in the vertical axis. If the marginal propensity to import (MPZ) is zero:
A) the import function is horizontal.
B) the import function has a negative slope.
C) the import function has a positive slope.
D) the import function is vertical.
Correct Answer:
Verified
Q66: Which of the following statements is false?
A)
Q67: Assume that the government runs budget surplus.
Q68: Successive federal government budget deficits in the
Q69: A country's public debt ratio is:
A) the
Q70: At the end of 2007, the federal
Q72: If the marginal propensity to import is
Q73: The expression S + NT + Z
Q74: If domestic GDP increases, imports will _and
Q75: _ export expenditure will increase equilibrium GDP,
Q76: Increases in exports and increases in investment
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents