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

Author Question: Deflation: a. was prevalent during the oil shocks of the 1970s. b. will cause consumers' ... (Read 41 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Deflation:
 a. was prevalent during the oil shocks of the 1970s.
  b. will cause consumers' purchasing power to shrink.
  c. has been persistent in the U.S. economy since the Great Depression.
  d. none of these.

Question 2

If the marginal propensity to consume is 0.80, the value of the spending multiplier will be 5.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


Destiiny22

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 30, 2018
Thank you :)


catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

France has produced most of its energy from nuclear power since the oil crisis of the 1970s France has produced most of its energy from nuclear power since the oil crisis of the 1970s
The Nutrient Fact Panel on the food label can help consumers make smart nutrition choices The Nutrient Fact Panel on the food label can help consumers make smart nutrition choices
Chronic Hunger Is Prevalent throughout the World Chronic Hunger Is Prevalent throughout the World
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
There are four hospitals (consumers in this example) willing to pay the following amounts for a ... There are four hospitals (consumers in this example) willing to pay the following amounts for a ...
Video: Role of transport in a cell

For a complete list of videos, visit our video library