Question 35 (1 point) 20 20 13 1/3 Beer 10 Beer 10 10 20 30 Pizza 10 20 Pizza West Lothian East Lothian Refer to the above diagrams. The solid lines are production possibilities curves; the dashed lines are trading possibilities curves. The data suggest that: O both countries will be better off if they do not engage in specialization and trade involving these two products. East Lothian should specialize in, and export, beer. O West Lothian should specialize in, and export, beer. West Lothian should specialize in, and export, pizza.Question 33 (1 point) On a diagram wherein the interest rate and the quantity of money demanded are shown on the vertical and horizontal axes respectively, the total demand for money can be found by: O horizontally subtracting the asset demand from the transactions demand for money. horizontally adding the transactions and the asset demand for money. vertically subtracting the transactions demand from the asset demand for money. vertically adding the transactions and the asset demand for money. Question 34 (1 point) Suppose that the linear equation for consumption in a hypothetical economy is: C = 60 + 0.60 . Y What is the marginal propensity to save (MPS) in this economy? Your Answer: AnswerQuestion 31 (1 point) Disposable income is equal to income plus subsidies income net of subsidies income net of consumption expenditures O income net of taxes Question 32 (1 point) Which one of the followings is not among the four direct determinants of AD? household's wealth (W) government's spending (G) investment demand (1) households' consumption demand (C) net exports (Nx)