Examlex
Autonomous consumption is 50. With every increase of one dollar in disposable income, consumption increases 60 cents. The marginal tax rate is 10 percent. The equation of the consumption function is
Q2: Currency depreciation is a reduction in the<br>A)precious
Q20: The Laffer curve is the relationship between<br>A)government
Q37: The fact that imports increase as real
Q47: A debtor nation is one that during
Q60: Stagflation is the result of<br>A)a decrease in
Q83: In real business cycle theory, the supply
Q84: Which one of the following is a
Q97: GDP is $2,000 billion, the GDP deflator
Q106: Which of the following news quotes best
Q131: A decrease in the quantity supplied of