This topic contains a solution. Click here to go to the answer

Author Question: When the average propensity to save (APS) is 0.20, then this means A) people are spending 60 ... (Read 53 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
When the average propensity to save (APS) is 0.20, then this means
 
  A) people are spending 60 percent of their disposable income and investing the remaining 20 percent.
  B) people are spending 20 percent of their disposable income.
  C) people are spending 80 percent of their disposable income.
  D) people are saving 0.20 of the last dollar earned.

Question 2

In the classical view, if desired saving exceeds desired investment
 
  A) the interest rate would increase. B) government spending must rise.
  C) government spending must fall. D) the interest rate would decline.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaaaaaaa

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

D




luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library