Which variable among all the following should be the least induced by changes in national income (GDP) Imports Savings Tax revenues Exports Transfer payments ...

Which variable among all the following should be the least induced by changes in national income (GDP)?

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Which variable among all the following should be the least induced by changes in national income (GDP)?

Imports.
Savings.
Tax revenues.
Exports.
Transfer payments.

Related Book For answer-question

Governmental and Nonprofit Accounting Theory and Practice

ISBN: 978-0133799569

11th edition

Authors: Robert J. Freeman, Craig D. Shoulders, Dwayne N. McSwain, Robert B. Scott

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Posted Date: Jan 17, 2020 09:19 AM

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Which variable among all the following should be the least induced by changes in national income (GDP)?

Question:

Expert Answer:

Exports is correct Since ... View the full answer

Governmental and Nonprofit Accounting Theory and Practice

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