Author Question: If high incomes inspire more saving than low incomes ________. A) the average propensity to ... (Read 90 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
If high incomes inspire more saving than low incomes ________.
 
  A) the average propensity to consume falls as income rises
  B) the marginal propensity to consume rises as income rises
  C) autonomous consumption falls as income rises
  D) the average propensity to consume rises as wealth rises

Question 2

to decrease bank reserves, the Fed can
 
  A) engage in an open market sale.
  B) reduce reserve requirements.
  C) lower the discount rate.
  D) set a lower interest rate for term deposits.



jennafosdick

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

For a complete list of videos, visit our video library