________: when household disposable income goes up, the level of planned consumption goes up also
Fill in the blank(s) with correct word
Consumption function
Economics
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If a person takes $100 from his/her piggy bank at home and puts it in his/her savings account, then M1 will ________ and M2 will ________
A) not change; increase B) decrease; not change C) decrease; increase D) increase; increase E) increase; decrease
Economics
There is a proverb "anything worth doing is worth doing well." Do you think an economist would agree with this proverb?
What will be an ideal response?
Economics