Author Question: Consider the above figure. At income level Yd = 110, the APS is equal to A) -0.36. B) 0.32 C) ... (Read 48 times)

B

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Consider the above figure. At income level Yd = 110, the APS is equal to
 
  A) -0.36. B) 0.32 C) 0.64. D) 1.10.

Question 2

Which of the following will lead to a decrease in the gross domestic product of a country, all other variables remaining unchanged?
 
  A) An increase in exports B) An increase in the expenditure on investment
  C) An increase in imports D) An increase in the expenditure on consumption


tofugiraffe

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Answer to Question 1

B

Answer to Question 2

C



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