A consumption function is a statement that shows the relationship between interest rates and consumption

Indicate whether the statement is true or false

False

Economics

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Prices and wages are considered "sticky" if

A) their rates of increase and decrease are identical. B) as prices increase, wages increase by the same percentage. C) their rates of change are directly connected to the rate of change in unemployment. D) they do not fully adjust to changes in demand and supply.

Economics

If people in the United States buy more of a foreign good when its price falls, then

A) the demand curve for U.S. dollars will slope up. B) the supply curve for U.S. dollars will slope up. C) the exchange rate will increase when there is inflation. D) fixed exchange rates will make foreign exchange markets more efficient.

Economics