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Author Question: Which of the following occurs when disposable income is zero? A) consumption must be zero B) ... (Read 44 times)

jerry coleman

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Which of the following occurs when disposable income is zero?
 
  A) consumption must be zero
  B) saving must be zero
  C) saving must be positive
  D) consumption is negative
  E) none of the above

Question 2

Suppose the consumption equation is represented by the following: C = 250 + .75YD. Given this information, the marginal propensity to save is
 
  A) .25.
  B) .7.
  C) 1.
  D) 4.
  E) none of the above



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carojassy25

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Answer to Question 1

E

Answer to Question 2

A




jerry coleman

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Reply 2 on: Jun 30, 2018
Wow, this really help


samiel-sayed

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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