This topic contains a solution. Click here to go to the answer

Author Question: Refer to Figure 29-2. Which of the events below cause the shifts in the supply and demand curves in ... (Read 124 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Refer to Figure 29-2. Which of the events below cause the shifts in the supply and demand curves in the market for dollars against the British pound shown in the graph above?
 
  A) Real income rises in the United States. B) Interest rates rise in England.
  C) Interest rates rise in the United States. D) Real income falls in England.

Question 2

If the consumption function is defined as C = 7,250 + 0.8Y, what is the marginal propensity to save?
 
  A) 0.2 B) 0.8 C) 5.8 D) 7.25



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

B

Answer to Question 2

A




CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
Wow, this really help


Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library