Answer:
a money-related award given by the federal, state or local government to fund some type of project that is beneficial
Answer:
The correct answer is C) Consumption function shifts up
Explanation:
The consumption function is C = a + b x Yd
where:
- C = Total consumption
- a = autonomous consumption
- b x Yd = induced consumption
Autonomous consumption is consumption that does not depend on income. Even if your income is zero, you still have to engage in this type of consumption to survive (for example, food).
When you graph a consumption function, the Y axis represents total consumption and the X axis represents income. Autonomous consumption is located somewhere along the Y axis, with the X being zero. If Autonomous consumption increases, the point in the Y axis will move up, but the point in the x axis will still be zero, hence, the function will shift up.
Correct answer choice is :
<h2>D) Exhaustible resources are scarce</h2><h2 /><h2>Explanation:</h2><h2 />
An exhaustible source is a word that has come to be connected with a metal such as coal, oil or platinum which does not regenerate itself quickly in its natural setting. Any resource can be consumed and most resources are being replaced but for exhaustible resources, the speed of replenishment is very slow. Forests, fishing grounds, and durable land have and are being exhausted but are usually operated as natural resources other than exhaustible.
Answer:
inflation occurs when price rise but the value of dollar remains the same.
The type of intelligence that allows you to learn to play your first few notes on a saxophone is called fluid intelligence.
