This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the Keynesian aggregate consumption-income graph, the vertical distance between the consumption ... (Read 83 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
In the Keynesian aggregate consumption-income graph, the vertical distance between the consumption function and the 45-degree line shows the:
 a. amount of savings (or dissavings) at that level of disposable income.
  b. amount of disposable income at that level of consumption.
  c. increase in planned business investment at each level of inflation.
  d. increase in income that causes each change in real GDP.

Question 2

Which of the following offers theories to explain why the government, like the private sector, may also fail?
 a. Social economics.
  b. Public choice theory.
  c. Rational expectations theory.
  d. Keynesian economics.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


SO00

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jun 30, 2018
Thank you :)


ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
How to graph quadratic equations that are in factored form y=a(x−r)(x−s) How to graph quadratic equations that are in factored form y=a(x−r)(x−s)
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Sketch the graph of each function using transformations. State the domain and range. Sketch the graph of each function using transformations. State the domain and range.
Sketch a graph of the function h(x), by hand on the following interval: Sketch a graph of the function h(x), by hand on the following interval:
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library