[Answered] As disposable income increases, consumption spending will rise, but it will rise by less than ...

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Author Question: As disposable income increases, consumption spending will rise, but it will rise by less than ... (Read 49 times)

jCorn1234

Hero Member
Posts: 545

on: Jun 30, 2018

As disposable income increases, consumption spending will rise, but it will rise by less than disposable income if the MPS is positive.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The function of an entrepreneur is to:
a. bear business risks.
b. organize the other factors of production.
c. innovate.
d. do all of the above.

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courtney_bruh

Sr. Member
Posts: 308

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

d

jCorn1234

Member
Posts: 545

Reply 2 on: Jun 30, 2018

Great answer, keep it coming

blakcmamba

Member
Posts: 335

Reply 3 on: Yesterday

TYSM

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