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Author Question: Because the government has so much money, and can print more, it does not need to borrow and ... (Read 63 times)

TVarnum

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on: Jun 30, 2018
Because the government has so much money, and can print more, it does not need to borrow and therefore rarely pays net interest on debt.
 
  Indicate whether the statement is true or false

Question 2

In the range of disposable income where the consumption function lies above the 45 line,
 
  A) disposable income is negative.
  B) saving is negative.
  C) disposable income equals planned expenditures.
  D) induced consumption is zero.
  E) saving is positive.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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matt

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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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