If the MPC = 0.90, the total change in spending resulting from an initial $200 increase in aggregate spending will be
A. $200.
B. $2,000.
C. $180.
D. $1,800.
Answer: B
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The false paradigm model attributes lack of development to
a. inadequate attention to price incentives. b. inappropriate advice from rich country economists. c. low levels of savings and investment. d. a lack of government regulation.
Based on the graph showing the type of health insurance and coverage status in the United States in 2016, the smallest percentage of people are covered by ______ plans.
a. direct purchase
b. military health care
c. Medicare
d. employment-based
If a nation can produce a more computers per year than any other nation, that nation has a(n) ________ advantage in the production of computers.
A. absolute B. relative C. comparative D. natural
Inventories refer to
What will be an ideal response?