If the MPC is 0.75, the multiplier is equal to
A) 5. B) 0.75/0.25 = 3. C) 0.25. D) 4.
D
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Inflation adjusted hourly wages for the average hourly worker is _______ today than it was in 1973.
A. higher B. lower C. about the same
Under the Patient Protection and Affordable Care Act (ACA), every company with more than 200 employees must offer health insurance to its employees and must automatically enroll them in the plan
Indicate whether the statement is true or false
The driving force behind the increase in FDI within developed economies is
A) cross-border mergers and acquisitions. B) the international financial architecture. C) the stabilization of international currencies. D) the accumulation of government debt.
The capture hypothesis suggests that
A. the firms being regulated will unduly influence the regulators. B. marginal cost regulation is superior to average cost regulation. C. regulation will lead to over-entry and eventual losses for firms in the industry. D. the well-focused interests of consumers will lead to the over-regulation of most industries.