Author Question: Upward shifts are a. increases in both demand and supply. b. decreases in both demand and supply. ... (Read 36 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
Upward shifts are
 a. increases in both demand and supply.
 b. decreases in both demand and supply.
 c. increases in demand and decreases in supply.
  d. increases in supply and decreases in demand.

Question 2

A given change in disposable income would have the greatest effect on consumption with which of the following marginal propensities to consume?
 a. 0.4
  b. 0.6
  c. 0.8
  d. 0.2



14vl19

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

For a complete list of videos, visit our video library