An increase in consumer wealth shifts the consumption function upward
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If the expected future exchange rate decreases, then the supply of dollars ________ and the demand for dollars ________
A) increases; increases B) decreases; increases C) increases; decreases D) decreases; decreases E) does not change; does not change
Economics
If rapid population growth reduces the amount of capital per worker, thereby lowering labor productivity, it is referred to as:
a. age dependency. b. capital budgeting. c. investment diversion. d. capital disinvestment. e. capital shallowing.
Economics