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

Author Question: At the equilibrium price for gasoline: a. everyone with the desire and the income to buy gasoline ... (Read 65 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
At the equilibrium price for gasoline:
 a. everyone with the desire and the income to buy gasoline at that price can do so.
  b. surpluses are inevitable.
 c. quantity demanded exceeds the quantity supplied.
 d. none of the above

Question 2

Marginal propensity to save is equal to the change in ____ divided by the change in ____.
 a. consumption spending; total income
 b. saving; total income
 c. saving; disposable income
 d. consumption spending; disposable income



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Moriaki

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

a

Answer to Question 2

c




sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Excellent


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library