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Author Question: The slope of the consumption function is equal to: A) the marginal propensity to consume. B) ... (Read 65 times)

SGallaher96

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on: Jun 30, 2018
The slope of the consumption function is equal to:
 
  A) the marginal propensity to consume. B) autonomous consumption.
  C) the marginal propensity to save. D) zero.

Question 2

Suppose bad weather in Florida unexpectedly results in a much smaller citrus crop than had been projected. This would tend to cause the labor demand curve for citrus pickers to shift to the
 
  A) left, increasing wages. B) right, increasing wages.
  C) left, decreasing wages. D) right, decreasing wages.


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Yixagurpuldink

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


SGallaher96

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Reply #2 on: Jun 30, 2018
Correct answers!


Yixagurpuldink

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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