Which of the following will shift the consumption function upward?
a. A decrease in disposable income
b. An increase in disposable income
c. An increase in the interest rate
d. Expectations of lower future prices
e. An increase in net wealth
e
Economics
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Define the nominal wage rate and the real wage rate. Can the nominal wage rate increase faster than the real wage rate?
What will be an ideal response?
Economics
A merger between McDonald's and Burger King would be called a:
a. horizontal merger. b. vertical merger. c. conglomerate merger. d. cartel. e. game theory.
Economics