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Author Question: The part of consumption that is independent of disposable income is called A) autonomous ... (Read 87 times)

HCHenry

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The part of consumption that is independent of disposable income is called
 
  A) autonomous consumption. B) fixed consumption.
  C) automatic consumption. D) personal consumption.

Question 2

If the level of aggregate real Gross Domestic Product (GDP) remains constant, a reduction in the population
 
  A) indirectly reduces per capita real GDP. B) directly reduces per capita real GDP.
  C) has no effect on real per capita real GDP. D) directly increases per capita real GDP.

Question 3

An economy experiences real growth over time with stable aggregate demand. This would likely result in
 
  A) decreasing prices. B) increased unemployment.
  C) increasing prices. D) secular inflation.



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aburgess

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Answer to Question 1

A

Answer to Question 2

Thank you

Answer to Question 3

A




HCHenry

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


shailee

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Reply 3 on: Yesterday
Wow, this really help

 

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