An increase in consumer wealth shifts the consumption function downward

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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If the quantity of bank reserves held at the Fed increases, ________

A) the real interest rate increases B) bank deposits decrease C) the number of loans issued by banks decrease D) inflation increases

Economics

Many Southern farmers face a choice between planting peanuts or cotton. In 2014, farmers anticipated higher prices for cotton

In the market for peanuts in 2014, there would be ________ in the supply of peanuts, which leads to ________ in the price of peanuts and ________ in the quantity of peanuts. A) a decrease; an increase;a decrease B) an increase; a decrease; a decrease C) a decrease; an increase; an increase D) an increase; an increase; a decrease

Economics