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Author Question: Which of the following will not shift the consumption function? a. A change in household wealth b. ... (Read 86 times)

joblessjake

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on: Jun 30, 2018
Which of the following will not shift the consumption function?
 a. A change in household wealth
 b. A change in the price level
 c. A change in household disposable income
  d. A change in the level of unemployment
  e. A change in the rate of interest

Question 2

At the efficient level of pollution, the:
 a. total social costs and total social benefits of reduction are equal.
  b. marginal social costs and marginal social benefits are equal.
  c. marginal private costs and marginal private benefits are equal.
  d. total private costs and total private benefits are equal.


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tdewitt

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

c

Answer to Question 2

b


joblessjake

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Reply #2 on: Jun 30, 2018
Correct answers!


tdewitt

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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