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

Author Question: The break-even point on the consumption function represents the point where A) consumption is ... (Read 41 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The break-even point on the consumption function represents the point where
 
  A) consumption is zero. B) income equals consumption plus spending.
  C) consumption equals spending. D) consumption equals income.

Question 2

Which of the following is NOT an assumption of the classical system?
 
  A) Wages and prices are inflexible. B) Pure competition exists.
  C) There is no money illusion. D) People are motivated by self interest.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Gracias!

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Four main models that describe the relationship between ecosystem function and biodiversity. Four main models that describe the relationship between ecosystem function and biodiversity.
Anatomical sites for cardiac function Anatomical sites for cardiac function
Pituitary gland function Pituitary gland function
How to find the area of a function using limits and Riemann sums How to find the area of a function using limits and Riemann sums
Derivative of Reciprocal Trig Function Derivative of Reciprocal Trig Function
Genome annotation of predicted biological function Genome annotation of predicted biological function
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library