Slope is calculated as rise / run

The value of the expenditure multiplier in the long run is

a. 1 b. 0 c. -1 d. equal to the MPC e. equal to the 1/MPC

By opening up to foreign markets, two things that countries generally experience are:

A. gaining access to a wide array of new products and saving money through access to cheaper goods. B. saving money through access to cheaper goods and finding new customers who generally pay less for their products. C. increase in negative trade outcomes with that nation and finding customers who generally pay less for their products. D. gaining access to a wide array of new products and increase in negative trade outcomes with that nation.