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Out of disposable income, households
if a household's income falls from $26,000 to $24,000 and its consumption spending falls from $25,000 to $23,500, then its
If autonomous net taxes increase by $10 trillion and the marginal propensity to consume is 0.8, consumption initially will
An increase in the price level will
Which of the following will not shift the consumption function upward?
The interest rate is important to the investment decision
If business managers become more optimistic about future sales and profits, then there will be
All of the following, except one, are characteristics of the government purchase function. Which is the excep- tion?
If the U.S. price level increases, other things equal, U.S. net exports
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