Author Question: Saving remaining constant, the average propensity to save declines with an increase in disposable ... (Read 47 times)

craiczarry · **on:** Jun 30, 2018

Saving remaining constant, the average propensity to save declines with an increase in disposable income.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Economic goods are:
a. only those commodities priced in monetary terms.
b. scarce products that are created from scarce resources.
c. the opposite of normative economic goods.
d. not subject to scarcity.