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Author Question: When we assume that investment is autonomous we imply that: a. it is a fixed constant amount. b. ... (Read 97 times)

altibaby

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on: Jun 30, 2018
When we assume that investment is autonomous we imply that:
 a. it is a fixed constant amount.
  b. it is independent of current real GDP.
  c. it is a positive function of interest rates.
  d. it is actually zero.
  e. it has no impact on consumption.

Question 2

Unemployment can be caused by downswings in the business cycle, people changing jobs, different skills needed by employers, or seasonal fluctuations in demand.
 a. True
  b. False
  Indicate whether the statement is true or false


akudia

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

b

Answer to Question 2

True


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