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Author Question: Along a linear consumption function, A) the average propensity to consume rises with income, but ... (Read 55 times)

Mr.Thesaxman

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Along a linear consumption function,
 
  A) the average propensity to consume rises with income, but the marginal propensity to consume falls with an increase in income.
  B) the marginal propensity to consume rises with an increase in income.
  C) the average propensity to consume falls with an increase in income.
  D) both the average propensity to consume and the marginal propensity to consume rise with an increase in income.

Question 2

Typical goals for fiscal policy are
 
  A) running high deficits and raising consumer prices.
  B) high prices for consumers and low prices for businesses.
  C) high employment and price stability.
  D) increasing the money supply so the government can spend more.



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jessofishing

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Answer to Question 1

C

Answer to Question 2

C




Mr.Thesaxman

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


Dnite

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

 

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