Author Question: The consumption function shows the relationship between consumer expenditures and: a. the interest ... (Read 140 times)

plus1 · **on:** Jun 30, 2018

The consumption function shows the relationship between consumer expenditures and:
a. the interest rate.
b. the tax rate.
c. savings.
d. disposable income.

Question 2

Since the 1950s, total private sector expenditures in the United States fell by half to 50 percent of GDP.
a. True
b. False
Indicate whether the statement is true or false