If the consumption function is C = 25 + 0.9y and income increases by $100, then savings will increase by

The government can overcome the inefficiency created by a good with an external benefit by using

A) public provision. B) marketable permits. C) taxes. D) emission charges. E) None of the above answers is correct.

A change in supply is represented by a shift of the supply curve

Indicate whether the statement is true or false