Multiple Choice
With respect to income, the investment schedule in the short run is
A) perfectly elastic.
B) perfectly inelastic.
C) relatively elastic.
D) relatively inelastic.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q81: If disposable income is $3,000 and saving
Q82: The increase in aggregate spending needed to
Q83: A depression economy has considerable slack; therefore<br>A)
Q84: Classical economists claim that _ is the
Q85: Which one of these helps determine consumption
Q87: The average propensity to consume is calculated
Q88: What are the determinants of consumption and
Q89: Keynes believed that saving is a function
Q90: If income is $5,000 per month and
Q91: One reason so many people focus on