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Author Question: A marginal propensity to consume of 0.75 and a marginal propensity to import of 0.05 are associated ... (Read 85 times)

cnetterville

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on: Jun 30, 2018
A marginal propensity to consume of 0.75 and a marginal propensity to import of 0.05 are associated with an open-economy spending multiplier of 3.33.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Based on widespread reaction to the threat of the H1N1 virus, the likely effect on the demand curve for hand sanitizers would be
 a. a shift of the demand curve to the right.
 b. a movement downward along the demand curve to the right.
  c. a shift of the demand curve to the left.
 d. a movement upward along the demand curve to the left.


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micaelaswann

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

True

Answer to Question 2

a


cnetterville

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

AISCAMPING

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Reply 3 on: Yesterday
Excellent

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