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 65 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
Thanks for the timely response, appreciate it

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
A family of African Americans arrive in Chicago, migrants from the American South, in an exodus that A family of African Americans arrive in Chicago, migrants from the American South, in an exodus that
Countries of Origin of Asian Americans Countries of Origin of Asian Americans
Who Makes The Decisions at Home? Who Makes The Decisions at Home?
Frequency diagrams of skin colors. (a) Skin color distribution in the parents falls into two discont Frequency diagrams of skin colors. (a) Skin color distribution in the parents falls into two discont
Biology Forums Home Page (Feb. 2022) Biology Forums Home Page (Feb. 2022)
Video: Arthritis

For a complete list of videos, visit our video library