Q: Are people worse off when the price level rises as fast as
Are people worse off when the price level rises as fast as their income? Why do people often feel worse off in such circumstances?
See AnswerQ: Why do rich people have a higher marginal propensity to save than
Why do rich people have a higher marginal propensity to save than poor people?
See AnswerQ: Why would an employed consumer cut spending when other workers were being
Why would an employed consumer cut spending when other workers were being laid off (see News, p. 187)?
See AnswerQ: According to the World View on page 191, why did Panasonic
According to the World View on page 191, why did Panasonic cut investment spending in 2009? What this a rational response?
See AnswerQ: Why did New York Governor Cuomo cut state spending in 2011–
Why did New York Governor Cuomo cut state spending in 2011–2012? How did that affect AD? (See News, p. 192.)
See AnswerQ: Why are faster supplier deliveries considered a negative leading indicator? (
Why are faster supplier deliveries considered a negative leading indicator? (See News, p. 198.)
See AnswerQ: Why wouldn’t market participants always want to buy all the output produced
Why wouldn’t market participants always want to buy all the output produced?
See AnswerQ: If an inflationary gap exists, what will happen to business inventories
If an inflationary gap exists, what will happen to business inventories? How will producers respond?
See AnswerQ: How might declining prices affect a firm’s decision to borrow and invest
How might declining prices affect a firm’s decision to borrow and invest?
See AnswerQ: What causes consumer confidence to change (Figure 10.10)?
What causes consumer confidence to change (Figure 10.10)?
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