MPC is equal to
a) delta C / delta S
b) delta S / delta C
c) delta C / delta YD
d) delta S / delta YD
c) delta C / delta YD
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If we moved from point T to point R we would be
A. giving up trips for more transplants.
B. giving up transplants for more trips.
C. gaining both trips and transplants.
D. losing both trips and transplants.
Deposit insurance is a protection for bank depositors up to a certain amount which is guaranteed by the federal government
Indicate whether the statement is true or false
Using the quantity equation, the demand for money can be expressed as
A) M=(V x Y)÷P. B) M =(P x Y)÷V. C) M = (P x V) ÷ Y. D) M x V=(1/P)V x Y.
Those who are concerned about balanced budget amendments typically argue that balanced budget amendments
A) cause interest rates to be higher than they otherwise would be. B) would make fluctuations in output around the natural level of output greater. C) would increase spending in a recession. D) would reduce national saving.