This topic contains a solution. Click here to go to the answer

Author Question: The consumption function shows A) a positive relationship between an individual's stock of wealth ... (Read 179 times)

drink

  • Hero Member
  • *****
  • Posts: 554
The consumption function shows
 
  A) a positive relationship between an individual's stock of wealth and his level of planned consumption.
  B) a negative relationship between planned consumption and aggregate saving.
  C) a positive relationship between disposable income and planned consumption.
  D) a negative relationship between disposable income and planned consumption.

Question 2

In order for a nation to be able to consume more in the future, it needs to
 
  A) produce less today in aggregate and save the difference between consumption and income.
  B) produce more today in aggregate and save the difference between consumption and production.
  C) consume more today in aggregate and borrow the difference between consumption and income.
  D) consume less today in aggregate and save the difference between consumption and income.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

C

Answer to Question 2

D




drink

  • Member
  • Posts: 554
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

For a complete list of videos, visit our video library