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Author Question: Refer to the above figure. The figure represents the consumption function for a consumer. Point A ... (Read 52 times)

lidoalex

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on: Jun 30, 2018
Refer to the above figure. The figure represents the consumption function for a consumer. Point A represents
 
  A) positive saving. B) negative consumption.
  C) autonomous consumption. D) zero saving.

Question 2

Giving the store clerk a 20 bill for a sweater priced at 20 is an example of money serving as a
 
  A) medium of exchange. B) unit of accounting.
  C) store of value. D) standard of deferred value.


Athena23

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

C

Answer to Question 2

A


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