The larger the multiplier, the more stable the economy
a. True
b. False
B
Economics
You might also like to view...
Refer to Figure 13-3. Suppose the economy is at point C. If government spending decreases in the economy, where will the eventual long-run equilibrium be?
A) A B) B C) C D) D
Economics
Which of the following is NOT a secondary market?
A) foreign exchange market B) futures market C) options market D) IPO market
Economics
A firm that cheats in a cartel earns a higher profit because: a. it can spill over its cost onto other firms
b. it suffers only a fraction of loss due to lower product price. c. it is able to charge a higher price for its output. d. it can decrease the output of other firms.
Economics
On the cost side of the profit equation, a pure monopolist does not differ from a perfect competitor.
Answer the following statement true (T) or false (F)
Economics