Multiple Choice
The greater the marginal propensity to import:
A) the smaller the spending multiplier.
B) the greater the level of investment.
C) the greater is the net export.
D) the smaller is the level of consumption.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The LM curve has a:<br>A)positive slope because
Q3: The greater the degree of international capital
Q4: A vertical FE curve indicates perfect capital
Q5: The official settlements balance _ if the
Q6: When taking into account foreign-income repercussions, the
Q8: Real domestic investment spending is:<br>A)positively related to
Q9: The LM curve illustrates all combinations of
Q10: Suppose the United States' imports substantially affect
Q11: The European Union has relatively large production
Q12: If C represents aggregate consumption, I<sub>d</sub> represents