Multiple Choice
A key channel for interest rate effects on real activity will be through
A) consumption and savings.
B) aggregate investment.
C) permanent income.
D) temporary income.
E) aggregate consumption.
Correct Answer:
Verified
Correct Answer:
Verified
Q53: Aggregate consumption is<br>A)more variable than savings.<br>B)more volatile
Q54: Intertemporal decisions involve economic decisions<br>A)that ignore concerns
Q55: Consumption smoothing refers to<br>A)the tendency of consumers
Q56: A permanent increase in income leads to<br>A)a
Q57: An increase in second-period income results in<br>A)a
Q59: The property of diminishing marginal rate of
Q60: In the case where current and future
Q61: For a competitive equilibrium in a two-period
Q62: In the data, which of the following
Q63: If the government reduces current taxes, government