What amount of money was appropriated by Congress for fiscal stimulus bill of 2009?
A. $225 billion
B. $252 billion
C. $700 billion
D. $787 billion
Answer: D
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An increase in the riskiness of corporate bonds will ________ the yield on corporate bonds and ________ the yield on Treasury securities, everything else held constant
A) increase; increase B) reduce; reduce C) increase; reduce D) reduce; increase
If dividend income increases, the following does not happen
A) the consumer chooses to consume more leisure. B) the consumer chooses to consume more consumption goods. C) the budget constraint shifts to the right. D) the substitution effect exceeds the income effect.
One way the government can boost the economy out of a recession is:
A. with public announcements telling the public to save their money. B. by increasing government spending. C. by setting price ceilings on most goods so people can afford them. D. None of these will help an economy in recession.
The accompanying table shows a pizzeria's fixed cost and variable cost at different levels of output. Pizzas sell for $20 each. Number of Pizzas Per DayFixed Cost ($/Day)Variable Cost ($/Day)050002550015050500250755004501005008501255001,650 When the pizzeria makes 50 pizzas a day, its average variable cost is ________.
A. $20 B. $10 C. $5 D. $15