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vellojo vellojo
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Posts: 2982
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7 years ago
If an increase in a household's disposable income from $10,000 to $12,000 boosts its consumption expenditure from $8,000 to $9,000, the
A) household is dissaving.
B) slope of the consumption function is 0.5
C) slope of the consumption function is 0.2
D) slope of the consumption function is 1000.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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Posts: 1046
7 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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7 years ago
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Do it. Person Raising Both Hands in Celebration
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