The slope of the consumption function is equal to:
a. the MPC
b. the MPS.
c. 1/(1 - MPC).
d. MPC - MPS.
a
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Refer to above figure. What would be the cost of the subsidy to European taxpayers?
What will be an ideal response?
If the government should decide to legalize marijuana, all other things remaining the same, we should expect to see
A) a decrease in the price of marijuana. B) an increase in the price of marijuana. C) a decrease in the demand for marijuana. D) an increase in the use of imported versus domestic marijuana.
Cortez was one of the leading explorers from _____
a. England b. France c. Holland d. Portugal e. Spain
Most students expect that if they spend more time studying, the outcome will be improved grades in the course. This supposes that: a. a positive relationship exists between studying and grades. b. a negative relationship exists between studying and grades. c. grades are independent variables
d. grades are not dependent variables.