Author Question: Which of the following statements concerning the effects of demographics on consumption is not true? ... (Read 56 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
Which of the following statements concerning the effects of demographics on consumption is not true?
 a. The size of the population affects the slope of the consumption function.
  b. The age of the population affects the slope of the consumption function.
  c. Other things equal, the level of consumption will rise with increases in population.
  d. Younger households tend to have higher MPCs than older households.
  e. Older households tend to have higher MPSs than younger households.

Question 2

Almost everyone is affected directly or indirectly by high rates of employment or high and variable rates of inflation.
 a. True
  b. False
  Indicate whether the statement is true or false



bigsis44

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

a

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library