If your marginal propensity to consume is 0.8, how much more would you have to make in disposable income in order to save $10,000?

If charity is a collective consumption good then government redistribution of resources can be justified on the basis that _____

a. government can act as a catalyst to encourage more private giving b. government helps deal with the prisoner's dilemma problem c. government overcomes the free riding problem d. government consumption is one-third of gross domestic product

Suppose we were analyzing the pound per Swiss franc foreign exchange market. If Switzerland's real GDP rises relative to England and nothing else changes, then the:

a. The supply of Swiss francs in the foreign exchange market rises and the Swiss franc depreciates. b. The demand for Swiss francs in the foreign exchange market rises, and the Swiss franc appreciates. c. The supply of Swiss francs in the foreign exchange market rises and the Swiss franc appreciates. d. The supply of Swiss francs in the foreign exchange market falls, and the demand for Swiss francs in the foreign exchange market falls, causing the Swiss franc to rise in value. e. The supply of Swiss francs in the foreign exchange market rises, and the demand for Swiss francs in the foreign exchange market falls, causing the Swiss franc to depreciate.