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Author Question: If, for a given disposable income level, the disposable income line lies below the consumption ... (Read 119 times)

clippers!

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on: Jun 30, 2018
If, for a given disposable income level, the disposable income line lies below the consumption curve, saving:
 a. equals consumption.
  b. equals disposable income.
  c. is less than zero.
  d. is equal to zero.
  e. is greater than zero.

Question 2

When the U. S. federal government runs a budget deficit, it borrows money by selling:
 a. Treasury bills, notes, and bonds.
  b. publicly owned land.
  c. its gold reserves.
  d. financial assets located in foreign banks.


Christopher

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

c

Answer to Question 2

a


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clippers!

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Reply #2 on: Jun 30, 2018
Thank you


Christopher

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Reply #3 on: Jun 30, 2018
No problemo


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