If income increases by $750, we know that the change in
A) consumption, saving, and imports equals $750.
B) consumption and saving is greater than $750.
C) consumption, saving, and imports is greater than $750.
D) consumption, saving, imports, and exports is less than $750.
Correct Answer:
Verified
Q120: The marginal propensity to consume domestic goods
Q121: When the prices of a country's imports
Q122: U.S. exports tend to decrease when
A) economic
Q123: If two countries don't trade with each
Q124: U.S. exports tend to increase when
A) economic
Q126: If an economy's MPC is 0.75 and
Q127: U.S. exports tend to decrease when
A) economic
Q128: The equation [IM = mY] represents the
Q129: If planned aggregate expenditures are $150 billion,
Q130: In an open economy,[C + I +
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