The North American Free Trade Agreement affects trade between:
a. the United States, Cuba, and Brazil.
b. the United States, Canada, and Mexico.
c. the United States, Puerto Rico, and Cuba.
d. Brazil, Bolivia, Peru, and Columbia.
e. China and the United States.
b
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Dissaving occurs when
A) disposable income exceeds consumption. B) disposable income is less than consumption. C) the marginal propensity to save is less than .5. D) the marginal propensity to consume is less than .5.
Which of the following statements is true of a barter system? a. In a barter system, an individual offers one good or service to get another good or service. b. In a barter system, an individual offers money to get a good or service
c. In a barter system, an individual offers a good or service to get money. d. In a barter system, different kinds of money are exchanged for one another. e. In a barter system, all individuals are self-sufficient.