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Author Question: Consider the above figure. At income level Yd = 110, the APS is equal to A) -0.36. B) 0.32 C) ... (Read 55 times)

B

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on: Jun 30, 2018
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
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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tofugiraffe

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

B

Answer to Question 2

C


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