This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the classical model, investment A) is a function of the nominal GDP. B) is ... (Read 44 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
According to the classical model, investment
 
  A) is a function of the nominal GDP.
  B) is inversely related to the interest rate.
  C) is a function of real GDP.
  D) is influenced by the money illusion at low income levels.

Question 2

Where the consumption function intersects the 45-degree line
 
  A) consumption will equal only autonomous consumption.
  B) the average propensity to consume is 0.5.
  C) savings will be negative.
  D) saving will be zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

recede

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Wow, this really help

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Female reproductive structure and function in humans. Female reproductive structure and function in humans.
Encephalization is a function of both brain size and body size. Encephalization is a function of both brain size and body size.
Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
How to describe transformations of a sinusoidal function (y=a*sin⁡b(x−c)+d) How to describe transformations of a sinusoidal function (y=a*sin⁡b(x−c)+d)
Integral of function p3 Integral of function p3
Sketch the graph of each function using transformations. State the domain and range. Sketch the graph of each function using transformations. State the domain and range.
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library