Where the consumption function intersects the 45-degree line
A) consumption will equal only autonomous consumption.
B) the average propensity to consume is 0.5.
C) savings will be negative.
D) saving will be zero.
D
Economics
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Why does inflation cause problems in a society?
A) It gives people an incentive to hold money rather than spend it and provide income for others. B) It makes everything more expensive in real terms. C) People aren't able to anticipate it accurately. D) The cost of living rises for almost everyone in an inflation. E) For all of the above reasons.
Economics
Under Alan Greenspan and Ben Bernanke, the Federal Reserve was successful in pursuing a ________ policy
A) preemptive B) inflation targeting C) exchange rate targeting D) monetary targeting
Economics