The marginal propensity of consume is equal to ?

Related Mcqs:

International trade is based on the idea that ?

A. Exports should exceed imports B. imports should exceed exports C. Resources are more mobile internationally than are goods D. Resources are less mobile internationally than are goods...

Term of trade for a country are the ratio of _______________ to _____________?

A. its opportunity costs; world opportunity costs B. export prices; import prices C. Value of exports; value of imports D. its currency; other currencies...

If there is a balance of payments deficit then in a floating exchange rate system ?

A. The external value of the currency would tend to fall B. The external value of the currency would tend to rise C. The injections from trade are greater then the withdrawals D. Aggregate demand is increasing...

If a nation has an open economy it means that the nation ?

A. Allows private ownership of capital B. Has flexible exchange rates C. Has fixed exchange rates D. conducts trade with other countries...

If a country can produce 10 of product A or 4 of product B the opportunity cost of 1B is ?

A. 0.4A B. 2.5A C. 10A D. 1B...