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Author Question: The break-even point on the consumption function represents the point where A) consumption is ... (Read 110 times)

ts19998

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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.



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fffftttt

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Answer to Question 1

D

Answer to Question 2

A




ts19998

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Reply 2 on: Jun 30, 2018
Wow, this really help


ghepp

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

 

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