Author Question: As disposable income increases, _____. a. consumption and saving both increase b. consumption ... (Read 126 times)

student77

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As disposable income increases, _____.
 a. consumption and saving both increase
 b. consumption increases and saving decreases
 c. consumption and saving both decrease
 d. consumption decreases but saving increases
 e. saving increases, but we cannot predict what happens to consumption

Question 2

The M1 money supply consists primarily of:
 a. savings deposits.
 b. certificates of deposit.
 c. miscellaneous near-monies.
 d. checkable deposits.
 e. money market mutual fund accounts.



skipfourms123

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Answer to Question 1

a

Answer to Question 2

d



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