Author Question: The most volatile GDP category under the expenditure approach is: a. wages and salaries. b. ... (Read 70 times)

khang

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The most volatile GDP category under the expenditure approach is:
 a. wages and salaries.
 b. investment.
 c. consumption.
 d. government purchases.

Question 2

The amount of autonomous consumption in an economy is measured by the:
 a. the intercept of the consumption function when disposable income is positive.
  b. the intercept of the consumption function where actual consumption is above the 45-degree line.
  c. the intercept of the consumption function when disposable income is zero.
  d. the intercept of the consumption function where actual consumption is below the 45-degree line.
  e. the intercept of the consumption function when disposable income is negative.



sierrahalpin

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Answer to Question 1

b

Answer to Question 2

c



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