Multiple Choice
Consumption depends positively on ______ and investment depends negatively on ______.
A) disposable income; the real interest rate
B) the real interest rate; disposable income
C) private saving; public saving
D) public saving; private saving
Correct Answer:
Verified
Correct Answer:
Verified
Q83: Use the model developed in Chapter 3
Q84: In fourteenth-century Europe, the bubonic plague:<br>A) reduced
Q85: According to the model developed in Chapter
Q86: The nominal interest rate is the:<br>A) rate
Q87: If a neutral technological advance improves the
Q89: If increased immigration raises the labor force,
Q90: In a Cobb-Douglas production function the marginal
Q91: When factor supply is fixed and quantity
Q92: If the production function describing an economy
Q93: The marginal product of labor is:<br>A) output