This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The 45-degree line used in a consumption function represents: a. the saving function. b. all ... (Read 127 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Jun 30, 2018
The 45-degree line used in a consumption function represents:
 a. the saving function.
  b. all points at which saving equals disposable income.
  c. all points at which consumption equals saving.
  d. all points at which all disposable income is consumed.
  e. the aggregate income of the economy.

Question 2

In order to not face tradeoffs, scarcity would have to be eliminated.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


tsand2

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Degree of genetic relatedness to self in a diploid organism. Degree of genetic relatedness to self in a diploid organism.
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Plato’s Divided Line Plato’s Divided Line
How to use the chain rule to find the derivative of a function How to use the chain rule to find the derivative of a function
Solve the following log function: Solve the following log function:
Quadratic Function on a Banana Quadratic Function on a Banana
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library