Planned expenditures ________. A) are directly affected by ...

[acc299]

Planned expenditures ________.
 
  A) are directly affected by government purchases
  B) increase when there is a reduction in taxes
  C) decrease when disposable income decreases
  D) all of the above
  E) none of the above

Question 2

Using the Cobb-Douglas production function, while holding other inputs constant, if the amount of a specific factor is increasing ________.
 
  A) the increased amount of output from an extra unit of input declines
  B) the increased amount of output from an extra unit of input increases
  C) that factor's share of output is declining
  D) that factor's share of output is increasing
  E) none of the above

[ambernicolefink]

Answer to Question 1

D

Answer to Question 2

A

[acc299]

Excellent

[pangili4]

Thanks for the timely response, appreciate it