Author Question: A change in the marginal propensity to save can be graphically represented by: a. a movement along ... (Read 41 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
A change in the marginal propensity to save can be graphically represented by:
 a. a movement along the investment function.
  b. a movement along the saving function.
  c. a parallel shift of the consumption function.
  d. a parallel shift of the saving function.
  e. a change in the slope of the saving function.

Question 2

The opportunity cost of a decision is the value of all of the available alternatives that were not chosen.
 a. True
  b. False
  Indicate whether the statement is true or false



wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

e

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

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?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library