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

Author Question: A rise in the price level has a direct effect on spending because A) the real value of the money ... (Read 18 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
A rise in the price level has a direct effect on spending because
 
  A) the real value of the money people have decreases and they can buy less with it.
  B) a higher price gives people more money, and so the more goods and services they can buy.
  C) the real value of the money people have varies directly with the price level.
  D) people like to spend more when prices are higher.

Question 2

By definition, disposable income is equal to
 
  A) consumption minus saving. B) consumption plus saving.
  C) consumption plus investment. D) investment plus saving.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iceage

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

A

Answer to Question 2

B


saraeharris

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Possible symbiotic or endosymbiotic relationships that gave rise to the first eukaryotic cells Possible symbiotic or endosymbiotic relationships that gave rise to the first eukaryotic cells
Nuclear division at the DNA level Nuclear division at the DNA level
Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior
The Flynn Effect The Flynn Effect
There may become a driveability issue because the gasoline direct-injection injector is exposed to ... There may become a driveability issue because the gasoline direct-injection injector is exposed to ...
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library