A change in imports caused by rising U.S. incomes is
A. an increase in autonomous expenditure.
B. a decrease in autonomous expenditure.
C. an increase in induced exports.
D. a change in induced expenditure.
Answer:D
A change in imports caused by rising U.S. incomes is
A. an increase in autonomous expenditure. B. a decrease in autonomous expenditure. C. an increase in induced exports. D. a change in induced expenditure.