Real consumption spending is inversely related to
A) real disposable income
B) the amount of common stock owned
C) the amount of real estate owned
D) expectations of future income
E) the interest rate
Correct Answer:
Verified
Q5: In the short run,
A) spending determines income,but
Q6: Roughly what fraction of total spending is
Q7: Which of the following is the definition
Q8: Which of the following would be most
Q9: The largest component of aggregate expenditure is
A)
Q11: In the short run,
A) spending depends on
Q12: Everything else being equal,a higher interest rate
A)
Q13: Disposable income is best defined as
A) income
Q14: The most important factor that influences total
Q15: The focus of the short-run macro model
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