Author Question: The marginal propensity to consume is a measure of the additional consumption that results from a ... (Read 76 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
The marginal propensity to consume is a measure of the additional consumption that results from a one-dollar increase in disposable income.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is true about automatic stabilizers?
 a. Automatic stabilizers are a part of discretionary fiscal policy.
  b. The federal funds rate is an example of an automatic stabilizer.
  c. An automatic stabilizer is any program that responds to fluctuations in the business cycle in a way that moderates the effects of those fluctuations.
  d. Any kind of trade policy adopted by the government will be considered as an automatic stabilizer.
  e. When income rises, automatic stabilizers increase/boost spending.



Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

True

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library