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 178 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
:D TYSM


deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

For a complete list of videos, visit our video library