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Home Q & A Board Other Fields Homework Help Business Economics
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Costa Costa
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6 years ago
In this question, C = consumer spending, Y = income, r = the rate of interest, and P = prices. From the expression C = C(Y,r,P), we know that:
A) C is the product of Y, r, and P
B) any change in C must be caused by a change in P
C) changes in C will cause changes in Y, r, and P
D) Y, r, and P are independent variables
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Microeconomics

Microeconomics


Edition: 2nd
Author:
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EngelEngel
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Costa Author
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6 years ago
Just got PERFECT on my quiz
SupremeDJ
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Yesterday
Good timing, thanks!
lipop
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2 hours ago
Thanks for your help!!
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