The actual multiplier for the U.S. economy is estimated to be
A. about 10.
B. approximately 5.
C. between 3 and 4.
D. less than 2.
Answer: D
Economics
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The Dred Scott v. Sanford decision of the U.S. Supreme Court in 1857
(a) made all persons born in the U.S. citizens. (b) provided U.S. citizenry to the children of U.S. born slaves. (c) permitted slaves to sue others in courts. (d) prevented slaves from being taken away from their owners without due process.
Economics
The consumer price index measures the prices of:
What will be an ideal response?
Economics
In the above figure, the efficient quantity is
A) 0 units. B) 70 units. C) 80 units. D) 100 units.
Economics
The CPI and the GDP deflator
a. generally move together. b. generally show different patterns of movement. c. always show identical changes. d. always show different patterns of movement.
Economics