The primary determinant of patterns of interregional trade is
A) accidents of history.
B) resource allocations.
C) factor abundance.
D) weather.
E) centralized optimization.
A
Economics
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Refer to Figure 16-10. In the graph above, suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B. Which of the following policies could Congress and the president use to move the economy to point C?
A) buy Treasury bills B) increase government spending C) increase income taxes D) decrease the discount rate
Economics
What are the marginal propensity to consume (MPC) and the marginal propensity to save (MPS)? How is the MPC related to the consumption function?
What will be an ideal response?
Economics