A change in the value of consumer’s stock market holdings will cause a shift in the consumption function.
Answer the following statement true (T) or false (F)
True
Economics
You might also like to view...
Can a firm's average cost be rising if it is greater than the firm's marginal cost? Explain
Economics
According to the law of demand, during a given period of time, the quantity of a good demanded
A. Does not change when price changes. B. Increases as its price falls, ceteris paribus. C. Increases as its price rises, ceteris paribus. D. Decreases as its price falls, ceteris paribus.
Economics
If voters are rationally ignorant, then the interest of the bureaucracy to maximize its budget will result in an oversupply of a public good
Indicate whether the statement is true or false
Economics
Large family size by itself creates very little new poverty
Indicate whether the statement is true or false
Economics