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Author Question: According to this Application, the decrease in consumer wealth due to decreases in the value of home ... (Read 58 times)

newyorker26

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on: Jun 30, 2018
According to this Application, the decrease in consumer wealth due to decreases in the value of home equity has
 
  A) decreased consumer spending. B) decreased the marginal propensity to save.
  C) increased short-run aggregate supply. D) increased consumer saving.

Question 2

The GDP deflator is 100 times the ratio of ________.
 
  A) GDP to GNP B) GNP to GDP
  C) real GDP to nominal GDP D) nominal GDP to real GDP


Anonymous

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

A

Answer to Question 2

D


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