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Author Question: According to the above table, the value of MPS is A) 0.9. B) 0.1. C) 0.2. D) increasing as real ... (Read 35 times)

jasdeep_brar

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on: Jun 30, 2018
According to the above table, the value of MPS is
 
  A) 0.9. B) 0.1.
  C) 0.2. D) increasing as real disposable income rises.

Question 2

If a shift in aggregate demand only affects real Gross Domestic Product (GDP), then the short-run aggregate supply (SRAS) curve must be
 
  A) upward sloping. B) downward sloping.
  C) horizontal. D) vertical.


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vboyd24

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

B

Answer to Question 2

C


jasdeep_brar

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  • Posts: 569
Reply 2 on: Jun 30, 2018
Excellent

zacnyjessica

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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