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Author Question: Refer to Figure 16.1. An increase in the real interest rate is best represented by a movement from ... (Read 88 times)

Shelles

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on: Jun 30, 2018
Refer to Figure 16.1. An increase in the real interest rate is best represented by a movement from
 
  A) point A to point B.
  B) point B to point A.
  C) point A to point C.
  D) point C to point A.

Question 2

According to the permanent income hypothesis, permanent income is to ________ as transitory income is to ________.
 
  A) consumption; saving
  B) certain; hypothetical
  C) wealth; gambling
  D) saving; borrowing


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shaquita

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Shelles

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
Gracias!

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