Commodity egalitarianism suggests that some goods be available to everyone.

The marginal propensity to consume: a. is the proportion of disposable income that is consumed

b. is the ratio of disposable income to consumption. c. is the change in consumption relative to a change in disposable income. d. minus the marginal propensity to save must equal 1. e. is greater than 1 at all levels of income.

If the Federal Reserve wants to increase the availability of money and credit, it can

a. lower the discount rate. b. raise the reserve requirements. c. sell government bonds to the public. d. encourage banks to increase their prime lending rate.