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

Author Question: If autonomous consumption is greater than zero and the marginal propensity to consume is greater ... (Read 59 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
on: Jun 30, 2018
If autonomous consumption is greater than zero and the marginal propensity to consume is greater than zero, but less than one, the consumption function will first be below and then above the 45 degree line.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The United States has a much higher national debt as a percentage of GDP compared to other industrialized nations.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


burchfield96

  • Member
  • Posts: 610
Reply 2 on: Jun 30, 2018
Gracias!

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Greater Swiss Mountain Dog Greater Swiss Mountain Dog
Greater sciatic notch Greater sciatic notch
A noose hanging from a “Liberty Tree” reveals this artist’s bias: The “tar-and-feathering” of a Brit A noose hanging from a “Liberty Tree” reveals this artist’s bias: The “tar-and-feathering” of a Brit
Globalized Consumption Globalized Consumption
Global energy consumption is rising rapidly Global energy consumption is rising rapidly
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library