« previous next »

Author Question: Define the consumption function. What will be an ideal ... (Read 52 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Define the consumption function.
 
  What will be an ideal response?

Question 2

An economic ________ refers to either an upturn or a downturn in the economy.
 
  A) fluctuation B) stagnation C) model D) chain index
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

The consumption function represents the relationship between consumer spending and income.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Structure and function of phage T4 Structure and function of phage T4
Overview of protein structure and function Overview of protein structure and function
How to determine if a function is even or odd How to determine if a function is even or odd
Exponential Function vs. Power Function Exponential Function vs. Power Function
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
Video: Renal Failure

For a complete list of videos, visit our video library