Which one of the following changes is consistent with a change in an economy's consumption equation from C = $500 billion + 0.80Y to C = $700 billion + 0.80Y?
a. an increase in income taxes
b. an increase in interest rates
c. a decrease in induced consumption
d. an increase in autonomous consumption
e. an increase in savings
D
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Stability of the U.S. economy between 1985 and 2007 referred to as
A) Great Moderation. B) the Great Depression. C) Automatic Stabilizer. D) Fiscal Discretion.
Which of the following solutions to recessions came from the short-run macro model?
a. A non-interventionist wait and see solution b. Increasing taxes c. Decreasing the federal deficit to jump-start the economy d. Increasing government spending to jump-start the economy e. None of the above
If there is an excess supply of money, there is an excess
a. demand for bonds and the price of bonds will decrease b. supply of bonds and the price of bonds will decrease c. supply of bonds but the price of bonds will not change d. supply of bonds and the price of bonds will increase e. demand for bonds and the price of bonds will increase
The stages of development in a company's export expansion are tied to company size.
a. true b. false