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

Author Question: The average price of a share of stock on the New York Stock Exchange falls by 30 percent. Other ... (Read 143 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
The average price of a share of stock on the New York Stock Exchange falls by 30 percent. Other things being equal, we would expect
 
  A) a shift up of the consumption function.
  B) an increase in the marginal propensity to consume.
  C) a decrease in the marginal propensity to consume.
  D) a shift down of the consumption function.

Question 2

The liquidity of money refers to
 
  A) the amount of gold it is backed by.
  B) how quickly it can be disposed of without high transaction costs.
  C) asymmetric information.
  D) the standard of deferred payments and how quickly those payments can be made.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wshriver

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


ashley

  • Hero Member
  • *****
  • Posts: 584
Reply #2 on: Jun 30, 2018
Correct answers!


wshriver

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Gas exchange occurs at the alveolar capillary membrane. Gas exchange occurs at the alveolar capillary membrane.
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism
In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin
Paul Strand, Geometric Backyards, New York. Paul Strand, Geometric Backyards, New York.
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Automated external defibrillator (AED)

For a complete list of videos, visit our video library