Which of the following would increase the current account balance of the United States?
A) an increase in the balance of trade
B) an increase in imports
C) an increase in the amount of income U.S. companies pay out to foreigners who own investments in the United States.
D) an increase in the amount of money the U.S. government sends in foreign aid to other countries
A
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In February, market analysts predict that the price of titanium will rise in March. What happens in the titanium market in February, holding everything else constant?
A) The quantity of titanium demanded and the quantity of titanium supplied both increase. B) The supply curve shifts to the right. C) The supply curve shifts to the left. D) The demand curve shifts to the left.
The relationship between consumption and income is the
a. spending function b. consumption function c. autonomous consumption d. household consumer spending e. household spending function