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Author Question: As interest rates fall, spending decreases. (Read 64 times)

LCritchfi

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Question 1

If the consumption function is above the 45-degree line


◦ consumption is less than income and saving is positive.
◦ consumption is less than income and saving is negative.
◦ consumption exceeds income and saving is positive.
◦ consumption exceeds income and saving is negative.

Question 2

As interest rates fall, spending decreases.


◦ true
◦ false


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Marked as best answer by LCritchfi on Apr 19, 2019

wergv

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LCritchfi

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Reply 2 on: Apr 19, 2019
Excellent


aliotak

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Reply 3 on: Yesterday
Gracias!

 

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