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Author Question: At the equilibrium price for gasoline: a. everyone with the desire and the income to buy gasoline ... (Read 53 times)

sabina

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on: Jun 30, 2018
At the equilibrium price for gasoline:
 a. everyone with the desire and the income to buy gasoline at that price can do so.
  b. surpluses are inevitable.
 c. quantity demanded exceeds the quantity supplied.
 d. none of the above

Question 2

Marginal propensity to save is equal to the change in ____ divided by the change in ____.
 a. consumption spending; total income
 b. saving; total income
 c. saving; disposable income
 d. consumption spending; disposable income


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Moriaki

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

a

Answer to Question 2

c


sabina

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Mochi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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