The relationship between the rate of saving and per capita real GDP is
A) positive.
B) negative.
C) constant.
D) not stable.
A
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If the price level rises by 5 percent and workers' money wage rates remain constant, firms'
A) quantity of labor demanded will decrease. B) quantity of labor demanded will increase. C) supply of jobs will decrease. D) None of the above answers are correct.
A _____ is a congressional agreement about total outlays, spending by major category, and expected revenues, which guides spending and revenue decisions by the many congressional committees and subcommittees
a. continuing resolution b. budget resolution c. disclaimer vote d. filibuster e. stimulus plan
If the working-age population increases, then
A) the labour force participation rate will increase. B) the total number of people aged 15 years and above will increase. C) the number of people employed will increase. D) the size of the labour force will increase. E) the unemployment rate will increase. B) the total number of people aged 15 years and above will increase.
Suppose lower expectations lead to a decrease of $240 in desired investment in the economy and the marginal propensity to consume is 0.75.Table 10.2Spending CyclesChange in this Cycle's Spending and IncomeCumulative Decrease in Spending and IncomeFirst-cycle spending-$240-$240Second-cycle spending________________Third-cycle spending________________In Table 10.2, what is the change in the third cycle of spending resulting from the initial drop in investment?
A. -$135.00. B. -$420.00. C. -$180.00. D. -$555.00.