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Author Question: The consumption function shows A) a positive relationship between an individual's stock of wealth ... (Read 115 times)

drink

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on: Jun 30, 2018
The consumption function shows
 
  A) a positive relationship between an individual's stock of wealth and his level of planned consumption.
  B) a negative relationship between planned consumption and aggregate saving.
  C) a positive relationship between disposable income and planned consumption.
  D) a negative relationship between disposable income and planned consumption.

Question 2

In order for a nation to be able to consume more in the future, it needs to
 
  A) produce less today in aggregate and save the difference between consumption and income.
  B) produce more today in aggregate and save the difference between consumption and production.
  C) consume more today in aggregate and borrow the difference between consumption and income.
  D) consume less today in aggregate and save the difference between consumption and income.


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irishcancer18

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


drink

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

jomama

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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