If another horizontal line were added to the graph to show point F, what would be the value of real aggregate expenditures at point F?
a. $16.2 trillion
b. $16.231 trillion
c. $16.25 trillion
d. $16.3 trillion
b. $16.231 trillion
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A recent outbreak of hepatitis was linked to a national fast-food restaurant chain. This is an example of a case in which
a. brand name identity increases the effectiveness of markets. b. brand name identity can be detrimental to the profitability of a firm. c. advertising is ineffective in salvaging perceptions of product quality. d. advertising cannot be used to establish brand loyalty.
Answer the following statement(s) true (T) or false (F)
1. If the marginal propensity to save is 0.25 in an economy with no taxes and no imports, the marginal propensity to consume is 1.25. 2. Between 2003 and 2010, the unemployment rate in Ft. Myers, Florida, decreased from 13% to 3%. 3. Inventories are counted as investment because inventories are a source of future sales. 4. In a simple economy with no taxes, government spending, exports, or imports, if disposable income increases by $500 and $450 is consumed, $950 is saved.
Venture capital funds involve very low risk.
Answer the following statement true (T) or false (F)
Vaccinations are a ________ good that create a ________ externality.
A. private; positive B. private; negative C. public; negative D. public; positive