Which of the following would lead to a decrease in autonomous consumption spending?
a. a decrease in disposable income
b. an increase in disposable income
c. an increase in the interest rate
d. more optimistic expectations about future income
e. an increase in wealth
C
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Under the new Constitution in 1789, the states gained the sovereign power to
(a) levy taxes. (b) power and issue money. (c) "regulate" the value of money. (d) create corporations by special franchise.
Because members of a cartel have a strong incentive to cheat on production and pricing agreements, these groups often develop complicated enforcement arrangements.
Answer the following statement true (T) or false (F)
Expansionary monetary policy
What will be an ideal response?
For every 1 percent increase in the stock of research and development in the United? States, productivity in the rest of the world
What will be an ideal response?