When disposable income is zero, the level of induced consumption is
A. negative.
B. zero.
C. positive.
D. indeterminate.
B. zero.
Economics
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A decrease in the interest rate causes
A) movement up the IS curve. B) movement down the LM curve. C) the IS curve to shift to the left. D) the LM curve to shift to the right.
Economics
A pollution tax penalizes inefficient firms.
Answer the following statement true (T) or false (F)
Economics