What happen to interest rates if the public believes him

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Q. The president of the United States announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what will happen to interest rates if the public believes him.

Q. Data on before-tax income, taxes paid, and consumption spending for the Simpson family in various years are given below.

a) Graph the Simpsons' consumption function and find their household's marginal propensity to consume.

Reference no: EM1351573

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