The CPI is calculated
a. weekly.
b. monthly.
c. quarterly.
d. yearly.
b
Economics
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Bill's disposable income goes from $100,000 in 2010 to $200,000 in 2011, and his consumption spending goes from $80,000 in 2010 to $140,000 in 2011 . Which of the following statements about Bill is true? a. Bill's MPC rose between 2010 and 2011. b. Bill's MPC is equal to 0.7
c. Bill's MPC is equal to 0.6. d. Both (a) and (b) are true.
Economics
A consumption function with taxes lies above a consumption function without taxes
a. True b. False Indicate whether the statement is true or false
Economics