The measure of the aggregate price level that is most frequently reported in the media is the
A) GDP deflator.
B) producer price index.
C) consumer price index.
D) household price index.
C
Economics
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If the life span of a piece of equipment is 10 years and its current cost is $400,000, what is the straight-line depreciation allowance each year?
A) $400 B) $400,000 C) $4,000 D) $40,000
Economics
If the marginal propensity to save (MPS) is 0.25, the value of the spending multiplier is:
a. 1. b. 2. c. 4. d. 9.
Economics
In the long run, firms can vary all inputs in the production process
a. True b. False Indicate whether the statement is true or false
Economics
The practice of data mining is consistent with the assumptions made in econometric analysis.
Answer the following statement true (T) or false (F)
Economics