Author Question: The part of consumption that does not depend upon the level of disposable income is A) autonomous ... (Read 103 times)

bobbie

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The part of consumption that does not depend upon the level of disposable income is
 
  A) autonomous consumption. B) savings.
  C) average propensity to consume. D) saving.

Question 2

To raise economic development, developing countries should
 
  A) focus on producing service goods.
  B) produce goods that are capital intensive and not labor intensive.
  C) not focus on economic growth.
  D) focus on their comparative advantage.



BUTTHOL369

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Answer to Question 1

A

Answer to Question 2

D



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