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

Sportsfan2111

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on: Jun 30, 2018
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

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

A

Answer to Question 2

A


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