Multiple Choice
The demand for current consumption, as plotted against current income, shifts to the right due
A) an increase in future taxes.
B) a decrease in interest rates.
C) an increase in current income.
D) a increase in current taxes.
E) a decrease in future income.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: A key determinant of investment is<br>A)the level
Q3: The marginal benefit from investment comes from<br>A)increases
Q4: A consumer may increase his or her
Q5: The assumption that current-period labour supply is
Q6: How many of the following business cycle
Q8: If a bubble occurs in the housing
Q9: An increase in government spending<br>A)does not affect
Q10: If government spending increases then, given the
Q11: When drawn against the real interest rate,
Q12: The representative consumer's current labour supply curve