Less than half of the reas 20 123 14% 28 29 30 32 33 34 35 38 40 41 MS M65 L Moving to another question will save this response. Question MEE Question 26 pis If the amount of income generated in Canada that is remitted to foreigners is lower than the amount of income generated abroad that is rented Canada GNP is negative. GNP is lower than GDP GDP is lower than GNP GNP is less than disposable personal income. GDP is equal to GNP Moving to another question will save this response. S * 27 100% 10 36 Moving to another question will save this response. Consider a consumption function: C= 180 + (0.6)Y D. At what level of disposable income will desired savings be equal to zero? 100 450 60 208 180 Question 27 0000 39 40 41 42 43 33 34 35 36 37 ↳ Moving to another question will save this response. Question 28 Let's say family's annual disposable income rose from $52 000 to $57 000. At the same time desired consumption expenditures rose from $30 000 to $33 000. It can be concluded that the family's marginal propensity to consume is $3000. marginal propensity to save is 0.6. average propensity to save is 0.6. average propensity to consume is 0.8. marginal propensity to consume is 0.6. Moving to another question will save this response. 38 39 14 15 16 40 41 42 17 18 43 44 45 03213223 47 46 2 pe 39 41 42 Moving to another question will save this response. tion 29 Consider the following news announcement: "Canadian firms experience reduced demand for exports due to curent events happening in eastern Europe What effect will this have, ceteris paribus, on the AE function and on equilibrium national income? the AE function will rotate downward (become flatter) and national income will fall. the AE function will shift up parallel to itself and equilibrium national income will rise the AE function will rotate upward (become steeper) and equilibrium national income wit there will be no change in the AE function or in equilibrium national income the AE function will shift down parallel to itself and equilibrium national income will fa REN L&Moving to another question will save this response Question 29 50N 2 points