If people become pessimistic about the state of the economy, the consumption function shifts downward

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

True

Economics

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Mpc + mps =

A) 0. B) 0.5. C) 1. D) 100.

Economics

The country in which a form of industrial organization in which a group of companies own stock in each other and has a bank that owns stock in each firm is

A) the United Kingdom. B) the United States. C) Japan. D) Germany.

Economics