This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The marginal propensity to consume describes ________. A) the tendency to consume fringe, or ... (Read 69 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
The marginal propensity to consume describes ________.
 
  A) the tendency to consume fringe, or unusual items
  B) the impact of a change in spending on income
  C) the impact on consumption resulting from a change in income
  D) lifetime consumption resources

Question 2

If the public believes that the commitment to a nominal anchor is not credible, the effect of a positive aggregate demand shock is for ________.
 
  A) short-run aggregate supply to shift down
  B) short-run aggregate supply to remain unchanged
  C) short-run aggregate supply to shift up
  D) inflation, but not economic activity, to increase


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


kshipps

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Excellent

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Central Tendency in Skewed Distributions Central Tendency in Skewed Distributions
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected
People with night eating syndrome may consume more than half their day's calories between 8 pm ... People with night eating syndrome may consume more than half their day's calories between 8 pm ...
Nearly all the food that you consume originates on a farm Nearly all the food that you consume originates on a farm
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library