Saving is positive for all levels of disposable income
A) above zero.
B) above where the consumption line intersects the 45-degree line.
C) below where the consumption line intersects the 45-degree line.
D) above where the consumption function intersects the vertical axis.
E) above autonomous consumption.
B
Economics
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Economies of scale
A) lead to rising long-run average costs as output increases. B) occur if output more than doubles when all inputs are doubled. C) occur if output less than doubles when all inputs are doubled. D) occur when management complexity brings rising average cost.
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What are the factors underlying government taxation and spending decisions?
What will be an ideal response?
Economics