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Author Question: A decrease in aggregate demand and the subsequent cutbacks in production lead to: a. frictional ... (Read 58 times)

jenna1

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on: Jun 30, 2018
A decrease in aggregate demand and the subsequent cutbacks in production lead to:
 a. frictional unemployment.
  b. cyclical unemployment.
  c. cost-push unemployment.
  d. structural unemployment.
  e. transitory unemployment.

Question 2

The marginal propensity to consume measures the ratio of the:
 a. average amount of our income that we spend.
  b. average amount of our savings that we spend.
  c. change in consumer spending to a change in money holdings.
  d. change in consumer spending to a change in interest rates.
  e. change in consumer spending to a change in income.


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TDubDCFL

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

b

Answer to Question 2

e


jenna1

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

strudel15

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Reply 3 on: Yesterday
Excellent

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