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

Author Question: Suppose that the consumption function crosses the 45-degree line at a disposable income level of 800 ... (Read 71 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
Suppose that the consumption function crosses the 45-degree line at a disposable income level of 800 . Assume further that saving equals 200 when disposable income is 1,300 . This implies that the MPC must equal 0.6.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Every time an individual decides to try out new equipment, or finds better ways to manage money, he or she is exhibiting aspects of:
 a. money management.
 b. entrepreneurship.
 c. strategic management.
  d. capital management.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

True

Answer to Question 2

b




rmenurse

  • Member
  • Posts: 513
Reply 2 on: Jun 30, 2018
Wow, this really help


gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library