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

Author Question: If consumption is defined as C = 1,350 + 0.6Y, then the marginal propensity to consume is 0.6. ... (Read 109 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
If consumption is defined as C = 1,350 + 0.6Y, then the marginal propensity to consume is 0.6.
 
  Indicate whether the statement is true or false

Question 2

Between September 2007 and March 2008 there was a substantial reduction in the demand for housing. What action did the Fed take in response to the reduction in the demand for housing?
 
  A) The Federal Reserve cut the federal funds rate seven times.
  B) The Federal Reserve decreased the required reserve rate.
  C) The Federal Reserve raised the discount rate by 3 percentage points.
  D) The Fed conducted open market sales of Treasury securities.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Wow, this really help

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
The "Emu in the sky," a constellation defined by dark clouds rather than the stars. The "Emu in the sky," a constellation defined by dark clouds rather than the stars.
Calcium consumption is essential for all people Calcium consumption is essential for all people
Laboratory mice demonstrate that genetic differences can have profound effects on the propensity to Laboratory mice demonstrate that genetic differences can have profound effects on the propensity to
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
World Total Energy Consumption by Fuel Type World Total Energy Consumption by Fuel Type
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library