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Author Question: According to the above table, as the level of real disposable income increases A) the APS ... (Read 111 times)

Haya94

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on: Jun 30, 2018
According to the above table, as the level of real disposable income increases
 
  A) the APS increases. B) the APC increases.
  C) the marginal propensity to save declines. D) the marginal propensity to consume increases.

Question 2

Involuntary unemployment
 
  A) will increase as the wage rate falls.
  B) exists when there is an excess quantity of labor supplied.
  C) occurs when the wage rate is below the equilibrium wage rate.
  D) exists when there is a shortage of labor.


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shayla

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

A

Answer to Question 2

B


Haya94

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Reply #2 on: Jun 30, 2018
Thank you :)


shayla

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Reply #3 on: Jun 30, 2018
Happy to help you


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