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Other Fields Homework Help Economics Topic started by: Munze on Sep 15, 2017



Title: Based on our understanding of the model presented in Chapter 3, we know that an increase in c1 ...
Post by: Munze on Sep 15, 2017
Based on our understanding of the model presented in Chapter 3, we know that an increase in c1 (where C = c0 + c1YD) will cause
A)  the ZZ line to become steeper and a given change in autonomous consumption (c0) to have a smaller effect on output.
B) the ZZ line to become steeper and a given change in autonomous consumption (c0) to have a larger effect on output.
C) the ZZ line to become flatter and a given change in autonomous consumption (c0) to have a smaller effect on output.
D) the ZZ line to become flatter and a given change in autonomous consumption (c0) to have a larger effect on output.


Title: Re: Based on our understanding of the model presented in Chapter 3, we know that an increase in c1 ...
Post by: vonCOLLINZO on Sep 15, 2017
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Title: Re: Based on our understanding of the model presented in Chapter 3, we know that an increase in c1 ...
Post by: Munze on Jun 26, 2018
Extremely insightful, tysm