Other things remaining unchanged, which of the following is most likely to cause an increase in the demand for personal computers?
a. A reduction in the price of personal computers
b. An increase in the supply of personal computers
c. An increase in the cost of computer printing ink
d. An increase in the number of computer manufacturers
e. A requirement by universities that all students buy personal computers
e
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What is the largest component of spending in the United States?
A) investment spending B) government spending C) consumption spending D) net investment spending
A country's real GDP rose from $500 to $530 while its nominal GDP rose from $600 to $700 . What was this country's inflation rate?
a. 16.7%. b. 10.0%. c. 15.0%. d. -9.1%.
What is 25 percent of 200?
A. 25 B. 8 C. 100 D. 50
In the above table, what is the marginal cost to produce the 2nd unit of output?
A. $55 B. $20 C. $30 D. $60