This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If Americans' home equity falls substantially, it would ____ wealth and consumer confidence, ____ ... (Read 58 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
If Americans' home equity falls substantially, it would ____ wealth and consumer confidence, ____ consumption, and ____ aggregate demand.
 a. increase, decrease, increase
  b. decrease, decrease, decrease
  c. increase, increase, increase
  d. increase, increase, decrease

Question 2

If equilibrium income is 500 billion, MPC = 0.8, MPI = 0.2 and autonomous government spending increases by 20 billion, the new equilibrium income will be _____.
 a. 600 billion
  b. 550 billion
  c. 525 billion
  d. 520 billion
  e. 500 billion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sierray

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


james9437

  • Member
  • Posts: 568
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Many former slaves understood that illiteracy was an implement of bondage. The Freedmen’s Bureau bui Many former slaves understood that illiteracy was an implement of bondage. The Freedmen’s Bureau bui
Martha Rosler, Gladiators, from the series House Beautiful: Bringing the War Home. 2004 Martha Rosler, Gladiators, from the series House Beautiful: Bringing the War Home. 2004
Countries of Origin of Asian Americans Countries of Origin of Asian Americans
From Farm to Consumer From Farm to Consumer
Video: Reflex arc construction

For a complete list of videos, visit our video library