At the point where consumption equals disposable income, the average propensity to consume equals 1

An increase in the stock of capital contributes to economic growth because it increases

A) federal funds rates. B) labor productivity. C) tax revenues. D) the reserves of the banking system.

To ensure interest rate parity, a decrease in the interest rate on Euroyen relative to Eurodollar deposits will require a greater expected appreciation of the Japanese yen against the U.S. dollar

a. True b. False Indicate whether the statement is true or false