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Author Question: The slope of the consumption function is equal to: A) the marginal propensity to consume. B) ... (Read 64 times)

SGallaher96

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The slope of the consumption function is equal to:
 
  A) the marginal propensity to consume. B) autonomous consumption.
  C) the marginal propensity to save. D) zero.

Question 2

Suppose bad weather in Florida unexpectedly results in a much smaller citrus crop than had been projected. This would tend to cause the labor demand curve for citrus pickers to shift to the
 
  A) left, increasing wages. B) right, increasing wages.
  C) left, decreasing wages. D) right, decreasing wages.



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Yixagurpuldink

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Answer to Question 1

A

Answer to Question 2

C





 

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