Author Question: When we graph consumption as a function of ________ rather than as a function of disposable income, ... (Read 138 times)

Tazate · **on:** Jun 29, 2018

When we graph consumption as a function of ________ rather than as a function of disposable income, the slope of this consumption function is ________.

A) national income; the MPS B) personal income; the MPS
C) personal income; (MPC - MPS) D) national income; the MPC

Question 2

The monetary policy target the Federal Reserve focuses primarily on today is

A) M1.
B) M2.
C) the interest rate.
D) the inflation rate.
E) the unemployment rate.