In the ordered pair (20, 30), 20 is the

a. the x-coordinate.
b. the horizontal location of the point.
c. the y-coordinate.
d. Both a and b are correct.

d

Economics

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________ might cause the borrowing constraint to become non-binding, even though the consumer still cannot borrow

A) An increase in future (expected) income B) An increase in the real interest rate C) A decrease in current income D) A decrease in the real interest rate

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The differences in the ratios of exports to GDP across countries are believed to be caused primarily by

A) trade barriers. B) each country's size. C) monetary policy. D) fiscal policy. E) inflation in the domestic country.

Economics