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Author Question: Refer to Figure 29-2. Which of the events below cause the shifts in the supply and demand curves in ... (Read 74 times)

CBme

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on: Jun 29, 2018
Refer to Figure 29-2. Which of the events below cause the shifts in the supply and demand curves in the market for dollars against the British pound shown in the graph above?
 
  A) Real income rises in the United States. B) Interest rates rise in England.
  C) Interest rates rise in the United States. D) Real income falls in England.

Question 2

If the consumption function is defined as C = 7,250 + 0.8Y, what is the marginal propensity to save?
 
  A) 0.2 B) 0.8 C) 5.8 D) 7.25


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Alyson.hiatt@yahoo.com

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


CBme

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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