If people become pessimistic about the state of the economy, the consumption function shifts upward
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
The slope of the indifference curve between steak and lobster is always equal to the ratio of their prices
Indicate whether the statement is true or false
Economics
Discuss the two different methods the Bureau of Economic Analysis (BEA) uses to place current values on foreign direct investments
What will be an ideal response?
Economics