Question 1 If the marginal propensity to consume is 0.75, the marginal propensit

Question

Question 1 If the marginal propensity to consume is 0.75, the marginal propensity to save is 0.25. 0.5. 1. 3. . 3 points

Question 2 Thailand's experience with pegging the baht to the dollar failed because the baht was ________ relative to the dollar, and China's experience with pegging the yuan to the dollar has run into difficulties because the yuan has been ________ relative to the dollar. overvalued; overvalued undervalued; overvalued undervalued; undervalued overvalued; undervalued . 3 points

Question 3 An example of assets that are included in ________ would be stocks, bonds, and savings accounts. household wealth household income planned investment

Explanation / Answer

(2)

Thailand's experience with pegging the baht to the dollar failed because the baht was overvalued relative to the dollar, and China's experience with pegging the yuan to the dollar has run into difficulties because the yuan has been undervalued relative to the dollar.

(3) An example of assets that are included in planned investment would be stocks, bonds, and savings accounts.

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