« previous next »

Author Question: Which of the following statements is true concerning the consumption function? a. It slopes upward. ... (Read 90 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
Which of the following statements is true concerning the consumption function?
 a. It slopes upward.
  b. Its slope equals the MPC.
  c. It represents the direct (positive) relationship between consumption spending and the level of real disposable income.
  d. If the consumption function lies above the 45-degree line then saving is positive.
  e. All of these.

Question 2

The three major revenue sources for the federal government in order of decreasing percentages are individual income taxes, corporate taxes, and social security insurance.
 a. True
  b. False
  Indicate whether the statement is true or false


britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

luminitza

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 30, 2018
Thank you


britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

A closer look at the structure and function of photosystem II A closer look at the structure and function of photosystem II
Examples of structures in which extensive surface area is important for function. Examples of structures in which extensive surface area is important for function.
How to find the domain and range of a function (Part 1) How to find the domain and range of a function (Part 1)
How to find the domain and range of the trigonometric function, sine, cosine, and tangent How to find the domain and range of the trigonometric function, sine, cosine, and tangent
Testing sensory function of the trigeminal nerve Testing sensory function of the trigeminal nerve
Testing motor function of cranial nerve VII - Frown Testing motor function of cranial nerve VII - Frown
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library