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Author Question: The sum of past federal deficits is reflected in the federal: a. cyclical debt. b. Congressional ... (Read 84 times)

BrownTown3

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on: Jun 30, 2018
The sum of past federal deficits is reflected in the federal:
 a. cyclical debt.
  b. Congressional debt.
  c. national debt.
  d. GDP debt.

Question 2

If your disposable income increases from 30,000 to 35,000 and your consumption increases from 11,000 to 12,000 . your marginal propensity to consume (MPC) is:
 a. 0.2.
  b. 0.4.
  c. 0.5.
  d. 0.8.
  e. 1.0.


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bd5255

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

c

Answer to Question 2

a


BrownTown3

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

abro1885

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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