The consumption function shows how an increase in _______ influences _________. A. Income; households aggregate planned expenditure
Question:
The consumption function shows how an increase in _______ influences _________.
A. Income; households’ aggregate planned expenditure
B. Nominal GDP; consumption expenditure
C. Disposable income; consumption expenditure
D. Consumption as a fraction of income; real GDP
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
C Is the ...View the full answer
Answered By
Simon kingori
I am a tier-one market researcher and content developer who has been in this field for the last six years. I’ve run the freelancing gamut; from market research, data mining and SEO/SMM to copywriting, Content Development, you name it, I’ve done it. I’m extremely motivated, organized and disciplined – you have to be to work from home. My experience in Freelancing is invaluable- but what makes me a cut above the rest is my passion to deliver quality results to all my clients- it’s important to note, I've never had a dissatisfied client. Backed by a Masters degree in Computer Science from MOI university, I have the required skill set and burning passion and desire to deliver the best results for my clients. This is the reason why I am a cut above the rest. Having taken a Bsc. in computer science and statistics, I deal with all round fields in the IT category. It is a field i enjoy working in as it is dynamic and new things present themselves every day for research and exploration.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The growth of nations depends crucially on saving and investment. And from youth we are taught that thrift is important and that "a penny saved is a penny earned." But will higher saving necessarily...
-
Draw the consumption function and label each axis. Show the effect of an increase in income on consumption spending. Does the change in income cause a movement along the consumption function or a...
-
1. On a graph of the labor market, show the effects of an increase in the payroll tax. 2. On a graph of the labor market, show the effects of a negative shock to technology on wages and employment....
-
Read Exhibit 10.6 carefully and answer the following question: Can a free-market system be trusted to effectively address the global concern in biodiversity loss? Why or why not? Exhibit 10.6 EXHIBIT...
-
What are the three substitutes for leadership?
-
Read the chapter opener about Limor Fried and her company, Adafruit Industries. Suppose Limor's business continues to grow, and she builds a massive new manufacturing facility and warehousing center...
-
\(\frac{6 x^{-5}}{y^{-7}}\) Rewrite the expression without negative exponents.
-
As a hospital administrator of a large hospital, you are concerned with the absenteeism among nurses aides. The issue has been raised by registered nurses, who feel they often have to perform work...
-
accounting homework Gomez is considering a \( \$ 200,000 \) investment with the following net cash flows. Gomez requires a \( 12 \% \) return on its investments. (PV of \( \$ 1 \), FV of \( \$ 1 \),...
-
Suppose that a researcher wants to do a study to assess how scores on the dependent variable heart rate (HR) differ across groups that have been exposed to various types of stress. Stress group...
-
The marginal propensity to consume tells us by how much _______ changes when _______ changes. A. Consumption expenditure; wealth B. The real interest rate; planned consumption C. Expected future...
-
The output gap in the second quarter of 2009 was $0.8 trillion. How much fiscal stimulus would be required to close the output gap if the multiplier was as large as the Obama team believes? How much...
-
Given that A = a x + a y + a z and B = a x + a y + a z , if A and B are normal to each other, is (a) 22 (b) -1/2 (c) 0 (d) 1 (e) 2
-
What is a coupon and how does it relate to bond investing? 2. How do companies determine the coupon rate for their bonds, and what factors affect this rate? 3. What is the difference between a bond's...
-
Main Research Question: What are the impacts of domestic violence on women in Trinidad? Research Sub-Questions: 1. What are the most common forms of domestic violence faced by women in Trinidad? 2....
-
All of Ebert Ltd's asset and liability account balances at the beginning of 2019 are listed below ( in no particular order): Cash - $14,000 Inventory - $8,000 Prepaid expenses - $4,000 Accounts...
-
Transport layer is implemented in the Firmware of a computer system. a) True b) False
-
How are debentures classified in terms of their priority in repayment, such as senior and subordinated debentures? 6. What are the advantages of investing in debentures from an investor's...
-
Find an article in the popular media (newspaper, magazine, Web site) that includes a graph in addition to the text. a. Briefly summarize the main point of the article and graph. b. What are the...
-
Perform the indicated operations. In designing a cam for a fire engine pump, the expression is used. Simplify this expression. (3) (3 4 32
-
Classify each of the items in the list as a private good, a public good, a common resource, or a club good. Explain each classification. New Years Eve celebrations in Times Square, New York A citys...
-
Classify each of the items in the list as a private good, a public good, a common resource, or a club good. Explain each classification. New Years Eve celebrations in Times Square, New York A citys...
-
Classify each of the items in the list as a private good, a public good, a common resource, or a club good. Explain each classification. New Years Eve celebrations in Times Square, New York A citys...
-
Multiple Choice Question Top-down budgets are essentially Blank______. Multiple choice question. determined on the basis of existing theories predetermined and not linked to objectives and strategies...
-
Public companies with significant operations in more than one industry are required to report specified financial information by industry segment because financial statements only show the amounts...
-
According to the industry convention of paying dividends, the ex-dividend and holder-of-record dates are both important, and the issuing company can choose any day of the week as the holder-of-record...
Study smarter with the SolutionInn App