Author Question: According to this Application, the decrease in consumer wealth due to decreases in the value of home ... (Read 23 times)

newyorker26

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According to this Application, the decrease in consumer wealth due to decreases in the value of home equity has
 
  A) decreased consumer spending. B) decreased the marginal propensity to save.
  C) increased short-run aggregate supply. D) increased consumer saving.

Question 2

The GDP deflator is 100 times the ratio of ________.
 
  A) GDP to GNP B) GNP to GDP
  C) real GDP to nominal GDP D) nominal GDP to real GDP



Anonymous

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Answer to Question 1

A

Answer to Question 2

D



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