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Author Question: In a one-period economy, all of the following are equivalent expressions of the budget constraint ... (Read 50 times)

pepyto

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In a one-period economy, all of the following are equivalent expressions of the budget constraint except
 
  A) C = w(NS + l) +  - T.
  B) C = wNS +  - T.
  C) C = w(h - l) +  - T.
  D) C = wl = wh +  - T.

Question 2

Keynes believed that an important source of instability in the economy was instability
 
  a. of private investment demand.
  b. in the marginal propensity to consume (b).
  c. of expectations.
  d. in tax collections.
  e. Both a and c



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JYan

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Answer to Question 1

A

Answer to Question 2

E




pepyto

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Reply 2 on: Jun 30, 2018
:D TYSM


nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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