Multiple Choice
Saving in our simple model
A) varies inversely with income
B) is determined primarily by the interest rate
C) is positive when a person spends less than her income
D) can never be negative because it is a stock
E) can never be negative because it is a flow
Correct Answer:
Verified
Correct Answer:
Verified
Q94: Which of the following would not shift
Q95: A decrease in real disposable income will<br>A)shift
Q96: Which of the following would not shift
Q97: The marginal propensity to consume is defined
Q98: Autonomous consumption expenditures are<br>A)identical to induced consumption<br>B)determined
Q100: Which of the following is true of
Q101: An increase in the price level will<br>A)make
Q102: Which must be true when consumption exceeds
Q103: The inverse of the slope of the
Q104: If a household's income falls from $26,000