Multiple Choice
Graphically,when is the balance of trade equal to zero?
A) When the rising IM line intersects the horizontal X line.
B) When the rising X line intersects the horizontal IM line.
C) When the rising IM line intersects the horizontal axis.
D) When the rising X line intersects the horizontal axis.
Correct Answer:

Verified
Correct Answer:
Verified
Q68: What is the marginal tax rate?<br>A)Total taxes
Q69: Which of the following supports the Keynesian
Q70: How is the MPC defined?<br>A)It is the
Q71: This data represents a hypothetical economy (all
Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the
Q74: If in an economy,the MTR = 0.2,the
Q75: The following data refers to a national
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the
Q77: Assume that in a particular economy the
Q78: What is the formula for the marginal