Author Question: As disposable income increases, consumption spending will rise, but it will rise by less than ... (Read 110 times)

jCorn1234 · **on:** Jun 30, 2018

As disposable income increases, consumption spending will rise, but it will rise by less than disposable income if the MPS is positive.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The function of an entrepreneur is to:
a. bear business risks.
b. organize the other factors of production.
c. innovate.
d. do all of the above.