Author Question: The marginal propensity to consume is a measure of the additional consumption that results from a ... (Read 50 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
The marginal propensity to consume is a measure of the additional consumption that results from a one-dollar increase in disposable income.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is true about automatic stabilizers?
 a. Automatic stabilizers are a part of discretionary fiscal policy.
  b. The federal funds rate is an example of an automatic stabilizer.
  c. An automatic stabilizer is any program that responds to fluctuations in the business cycle in a way that moderates the effects of those fluctuations.
  d. Any kind of trade policy adopted by the government will be considered as an automatic stabilizer.
  e. When income rises, automatic stabilizers increase/boost spending.



Missbam101

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

True

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library