In a simple macroeconomic model, only one component of expenditures is allowed to change:

A. investment.
B. consumption.
C. net exports.
D. government spending.
E. transfer payments.


Answer: B

Economics

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Does the presence in the real world of intraindustry trade prove or disprove the classical or Heckscher-Ohlin models? Explain

What will be an ideal response?

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