Refer to Figure 9.6. As a result of this policy, consumer surplus will
A) fall to $15.
B) fall to $2250.
C) rise to $2500.
D) fall to $5000.
E) rise to $5000.
B
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By the accelerator hypothesis, if a firm's actual sales jump in one period to a higher maintained level, that firm's net investment
A) also jumps in one period to a higher maintained level. B) gradually drifts upward to a higher maintained level. C) jumps upward and then falls back to zero. D) jumps upward and then falls back part of the way.
In 2017, corporate profits were about ____ percent of national income.
A. 7.2 B. 12.6 C. 25.3 D. 44.1
Refer to the information provided in Figure 3.15 below to answer the question(s) that follow.
Figure 3.15Refer to Figure 3.15. The current quantity of bags of pretzels supplied is 100. You accurately predict that in this market
A. price, quantity demanded, and quantity supplied decrease. B. price and quantity demanded increase and quantity supplied decreases. C. price tends to remain constant and quantity supplied increases. D. price and quantity supplied decrease and quantity demanded increases.
The change in real GDP resulting from an initial change in spending can be calculated by:
A. Dividing the multiplier by the initial change in spending B. Dividing the initial change in spending by the multiplier C. Multiplying the multiplier by the initial change in spending D. Adding the initial change in spending to the multiplier