Author Question: The purchase of a new scanner by a computer graphics business is included in which expenditure ... (Read 88 times)

urbanoutfitters · **on:** Jun 30, 2018

The purchase of a new scanner by a computer graphics business is included in which expenditure category of GDP?
a. consumption
b. investment
c. government purchases
d. net exports

Question 2

Which of the following is true of long-run consumption functions?
a. Autonomous consumption is equal to zero in the long-run.
b. The long run consumption functions are steeper than short run consumption functions.
c. The marginal propensity to consume for the long run consumption function is almost equal to zero.
d. The autonomous consumption is negative in long run consumption functions.
e. The long run consumption function is represented by a straight line parallel to the horizontal axis.