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et exports is a positive number when:

et exports is a positive number when:

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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'n 8 11. Net exports is a positive number when: O a. A nation's exports of goods and services are greater than its imports. O b. A nation's imports of goods and services are greater than its exports. O c.A nation's imports of goods and services rise. O d. A nation's imports of goods and services fall. 47. If the MPC is .8 and disposable income is $200, then: O a. saving will be S20. O b. saving will be $30 Oc. consumption will be $160. O d. consumption and saving cannot be determined from the information given
Transcribed Image Text:'n 8 11. Net exports is a positive number when: O a. A nation's exports of goods and services are greater than its imports. O b. A nation's imports of goods and services are greater than its exports. O c.A nation's imports of goods and services rise. O d. A nation's imports of goods and services fall. 47. If the MPC is .8 and disposable income is $200, then: O a. saving will be S20. O b. saving will be $30 Oc. consumption will be $160. O d. consumption and saving cannot be determined from the information given
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