An increase in consumer confidence will
A) not change autonomous consumption and rotate the consumption function downward.
B) not change autonomous consumption and rotate the consumption function upward.
C) increase autonomous consumption and shift the consumption function upward.
D) decrease autonomous consumption and shift the consumption function downward.
C
You might also like to view...
Firm A and Firm B emit 300 tons of pollution each and each have marketable permits that allow each to emit 100 tons of pollution
If it costs $5,000 for Firm A to eliminate 100 tons of pollution and it costs Firm B $6,000 to eliminate 100 tons of pollution, then A) Firm B sells its permits to Firm A for a price above $6,000. B) Firm A sells its permits to Firm B for a price below $6,000. C) Firm A sells its permits to Firm B for a price above $6,000. D) Firm B sells its permits to Firm A for a price below $6,000. E) Neither Firm A nor Firm B sells permits because neither has extra permits.
Inflation: a. always reduces real income
b. never reduces real income. c. reduces the real income of workers when wages increase more than prices do. d. reduces the real income of workers when wages increase less than prices do. e. increases the real income of workers only when wages increase less than prices do.
When (if at all) are budget deficits inflationary?
a. when AS is perfectly horizontal b. when AS has a very steep slope c. when AS has a downward slope d. when AS intersects AD
Has population growth been a burden for China? Please answer true or false and explain
What will be an ideal response?