Author Question: The slope of the consumption function shows how: a. consumption changes over time. b. consumption ... (Read 143 times)

renzo156 · **on:** Jun 30, 2018

The slope of the consumption function shows how:
a. consumption changes over time.
b. consumption changes as household size changes.
c. consumption changes as the price level changes.
d. income changes as the level of consumption changes.
e. consumption changes as the level of income changes.

Question 2

Negative externalities impose most of their costs:
a. directly on consumers of polluting processes.
b. whenever individual health is harmed in the production process.
c. only in large cities.
d. on individuals other than consumers of the polluting product.