Refer to the above table. The overall balance of payments of Nation "A" is

Which of the following is not considered a significant factor contributing to economic growth by economists today?

a. work effort is less intense in the heat of the tropics b. an increase in the quantity of physical capital c. increased use of land inputs d. greater division of labor and specialization

If net taxes were lowered from $5,000 to $1,000 . the marginal propensity to consume is 0.75, and autonomous consumption spending is $10,000 . by how much would consumption increase?

a. $3,000 b. $1,250 c. $7,500 d. $3,750 e. $750