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Author Question: Disposable Income, Consumer Spending and the Aggregate Consumption FunctionIf consumption increases ... (Read 63 times)

lauraleepop

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on: Nov 23, 2022

Question 1

Disposable Income, Consumer Spending and the Aggregate Consumption Function

If disposable income decreases by $750 million and consumption decreases by $500 million, then the slope of the consumption function is ________. (Round to the nearest hundredth.)
◦ 0.67
◦ 0.33
◦ 1.67
◦ 1.50

Question 2

Disposable Income, Consumer Spending and the Aggregate Consumption Function

If consumption increases by $45 billion when disposable income increases by $80 billion, then the slope of the consumption function is ________. (Round to the nearest hundredth.)
◦ 1.56
◦ 0.44
◦ 0.56
◦ 1.78
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by lauraleepop on Nov 23, 2022

studyforce.com

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lauraleepop

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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