Author Question: If the price of a 32GB memory card decreases from 25 to 20, the percentage change is A) -20 ... (Read 63 times)

Wadzanai · **on:** Jun 30, 2018

If the price of a 32GB memory card decreases from 25 to 20, the percentage change is

A) -20 percent. B) -33 percent. C) -50 percent. D) -60 percent.

Question 2

According to this Application, home equity is the single largest component of net wealth for most families in the United States. As home equity falls

A) autonomous consumption will decrease, shifting the consumption function downward.
B) the MPC will decrease, increasing the slope of the consumption function.
C) autonomous consumption will decrease, shifting the consumption function upward.
D) the MPC will decrease, decreasing the slope of the consumption function.