Multiple Choice
An increase in income in other countries,other things equal,would cause U.S._____.
A) exports to decrease and imports to increase
B) exports to increase and imports to increase
C) imports to decrease and exports to decrease
D) imports to increase and exports to remain unchanged
E) imports to remain unchanged and exports to increase
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Which of the following best describes aggregate
Q10: Fluctuations in investment:<br>A)account for almost all of
Q11: If the marginal propensity to consume (MPC)is
Q12: When economists say investment is autonomous,they mean
Q13: If the marginal propensity to save (MPS)is
Q15: Government outlays equal:<br>A)the difference between government expenditures
Q16: The marginal propensity to consume:<br>A)is the proportion
Q17: Increases in the marginal propensity to consume
Q18: An increase in the interest rate,other things
Q19: An increase in net wealth will:<br>A)increase consumption