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If consumption increases by five billion at each level of disposable income, then the marginal propensity to consume will
A. change but the average propensity to consume will not change
B. change and the average propensity to consume will change
C. not change but the average propensity to consume will change
D. not change and the average propensity to consume will not change
What is the price Tad receives for selling the bait?
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Other things being constant, how will the following influence the hourly earnings of employees? Explain your answer. a. The employee must work the midnight to 8: 00 A.M. shift.
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change Does your answer depend on the marginal propensity to consume
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in neoclassical growth models the sources of growth is exogenous usually technology. such theoretical models hence are
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