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Author Question: The part of consumption that is independent of disposable income is called A) autonomous ... (Read 31 times)

HCHenry

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
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
Wow, this really help

mammy1697

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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