Which of the following causes autonomous consumption to decrease?
A) a decrease in consumer income
B) consumers becoming more optimistic about future decreases in the price level
C) an increase in average family size
D) consumers becoming more thrifty
D
Economics
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Stock prices start to rise
A) when investors begin to expect an economic recovery will soon begin. B) when the unemployment rate begins to decline following a recession. C) when investors are confident that the economy is more than 6 months into an economic recovery. D) when investors believe an economic recovery has already begun.
Economics
If a firm produces 10 units, TC=$100 . When the firm increase its output to 15 units, TC= $150 . The firm's AVC equal to
a. $5 b. $10 c. $50 d. $100
Economics