The consumption function is a function showing the relationship between consumption and
A) disposable income.
B) exports.
C) interest rates.
D) investment.
A
Economics
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An outcome is considered efficient if
A) it is not possible to make someone better off without making anyone else worse off. B) it is the best available choice for an individual. C) it results in fair shares for everyone involved. D) it is possible to make someone better off without making anyone else worse off.
Economics
Which of the following is a likely objective of monetary policy?
A) achieving price stability B) stabilizing economic activity C) closing the output gap to zero D) all of the above E) none of the above
Economics