This topic contains a solution. Click here to go to the answer

Author Question: If autonomous consumption is greater than zero and the marginal propensity to consume is greater ... (Read 64 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
If autonomous consumption is greater than zero and the marginal propensity to consume is greater than zero, but less than one, the consumption function will first be below and then above the 45 degree line.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The United States has a much higher national debt as a percentage of GDP compared to other industrialized nations.
 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

wuly

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

False

Answer to Question 2

False




burchfield96

  • Member
  • Posts: 610
Reply 2 on: Jun 30, 2018
Gracias!


pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library