If the marginal propensity to consume (MPC) in your classmate's nation is 3/5 and the marginal propensity to save (MPS) in your country is 1/10, which of the following must be true?
a. The spending multiplier is larger in your classmate's nation than in your country.
b. The spending multiplier is smaller in your classmate's nation than in your country.
c. Autonomous consumption is higher in your classmate's nation than in your country.
d. Autonomous consumption is lower in your classmate's nation than in your country.
e. Total consumption is lower in your classmate's nation than in your country.
b
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Imposing a restrictive quota on imported plasma TVs will:
a. increase the price of the plasma TVs and decrease the quantity consumed. b. increase both the price of the plasma TVs and the quantity consumed. c. leave the price of the plasma TVs unchanged but decrease the quantity consumed. d. leave the price and the quantity consumed of plasma TVs unchanged, because domestic producers will expand production to make up for the reduction in imports
Which of the following is not an example of in-kind transfers?
A. Food stamps. B. Housing subsidies. C. Medicaid benefits. D. Social Security payments.
Which of the following would most likely be part of the study of microeconomics?
A) how General Motors makes decisions regarding its production goals B) national income C) the total economic output of our domestic economy D) overall price stability in the United States
The beta for the market portfolio's level of nondiversifiable risk is:
A. zero. B. 1. C. 100. D. always fluctuating.