The figure above shows a nation's consumption function. If disposable income is $2 trillion, then the MPC is ________ and saving is ________
A) negative; positive
B) positive; zero
C) positive; negative
D) positive; positive
E) negative; negative
C
Economics
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The difference between the interest rate on loans to households and firms and the interest rate on completely safe assets is known as ________
A) the fed funds rate B) the discount rate C) asymmetric information D) the credit spread
Economics
Which of the following contributed to the increase in steamboat productivity?
(a) Improvements in ship design (b) Better docking stations (c) Increased competition by railroads (d) All of the above
Economics