Using the data in the table above, with y measured on the vertical axis, the slope of the line relating y to X is: Select one

__________ consumption will __________ as a result of a decrease in taxes

A) Autonomous; decrease B) Autonomous; increase C) Induced; decrease D) Induced; increase

How does the federal government influence the flow of goods and services into the country and, consequently, create extra profitability or rents in domestic production that would not have been there under free market conditions?

(a) tariffs (b) minimum wage laws (c) control of the public domain (d) federal income taxes