« previous next »

Author Question: If households spend 0.75 of each additional dollar of increased income, the expenditure multiplier ... (Read 58 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
If households spend 0.75 of each additional dollar of increased income, the expenditure multiplier will be
 
  A) 1.33.
  B) 4.
  C) 5.
  D) 7.5.

Question 2

Households in the United States more completely smooth out expenditures on
 
  A) durable goods and nondurable goods than on services.
  B) durable goods than on nondurable goods and services.
  C) nondurable goods and services than on durable goods.
  D) services and durable goods; nondurable goods.


vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Acids and bases - definition

For a complete list of videos, visit our video library