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Author Question: The investment component of GDP includes: a. funds in individual retirement accounts. b. ... (Read 87 times)

bcretired

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on: Jun 30, 2018
The investment component of GDP includes:
 a. funds in individual retirement accounts.
 b. construction of a new steel mill.
 c. the sale of shares of Coca-Cola stock.
 d. the purchase of a refrigerator by a household.

Question 2

Suppose total disposable income in Country X rises by 500 billion while total consumption rises by 50 billion. What would be the slope of the consumption function for this nation?
 a. 1
  b. 0.1
  c. 0.5
  d. 0.25
  e. 0.4


flexer1n1

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

b

Answer to Question 2

b


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