If a $74 billion increase in autonomous expenditure increases equilibrium expenditure by $150 billion, then the multiplier must be
a) $225 billion
b) 0.5
c) $75 billion
d) 2
d) 2
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The higher the exchange rate, the
a. the lower the dollar cost of imported goods and the higher the demand for foreign exchange. b. higher the dollar cost of imported goods and the lower the demand for foreign exchange. c. higher both the dollar cost of imported goods and the demand for foreign exchange. d. the lower both the dollar cost of imported goods and the demand for foreign exchange.
__________ is paid communication with potential customers in a public medium, such as newspapers and television.
A. Advertising B. Brand identification C. Public relations D. Journalism
The expansion of global trade has especially benefited individuals whose skills are relatively common in the worldwide economy.
Answer the following statement true (T) or false (F)
If the slope of a straight line is 6 and if Y (the variable on the vertical axis) decreases by 60, then X (the variable on the horizontal axis)
A. decreases by 600. B. decreases by 10. C. increases by 10. D. increases by 600.