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Author Question: The demand for current consumption, as plotted against the interest rate, shifts to the right due to ... (Read 67 times)

Themember4

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on: Jun 30, 2018
The demand for current consumption, as plotted against the interest rate, shifts to the right due to all of the following except
 
  A) a decrease in current taxes.
  B) a increase in future taxes.
  C) an increase in current income.
  D) an increase in future income.

Question 2

A production function describes the
 
  A) technological possibilities for converting factor inputs into outputs.
  B) intellectual possibilities for converting factor inputs into outputs.
  C) amount of resources available to the representative firm.
  D) actual process of converting factor inputs into outputs.


otokexnaru

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

B

Answer to Question 2

A


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