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Author Question: The consumption function shows A) a positive relationship between an individual's stock of wealth ... (Read 182 times)

drink

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The consumption function shows
 
  A) a positive relationship between an individual's stock of wealth and his level of planned consumption.
  B) a negative relationship between planned consumption and aggregate saving.
  C) a positive relationship between disposable income and planned consumption.
  D) a negative relationship between disposable income and planned consumption.

Question 2

In order for a nation to be able to consume more in the future, it needs to
 
  A) produce less today in aggregate and save the difference between consumption and income.
  B) produce more today in aggregate and save the difference between consumption and production.
  C) consume more today in aggregate and borrow the difference between consumption and income.
  D) consume less today in aggregate and save the difference between consumption and income.



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irishcancer18

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Answer to Question 1

C

Answer to Question 2

D




drink

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Reply 2 on: Jun 30, 2018
Excellent


gcook

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

 

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