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Author Question: Upward shifts are a. increases in both demand and supply. b. decreases in both demand and supply. ... (Read 64 times)

Yi-Chen

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on: Jun 30, 2018
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

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  • Posts: 310
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


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