Which of the following would increase the GDP of the United States?
a. A resident of California buys a case of wine from a winery in France.
b. A resident of Germany buys a software program from a company in Washington.
c. A resident of Florida spends $3,000 on a vacation in Mexico.
d. A Japanese investor purchases 100 shares of a computer company located in Illinois.
Answer: b. A resident of Germany buys a software program from a company in Washington.
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Refer to Table 11.1. What is the value of the government spending multiplier?
A) 1.67 B) 2.5 C) 3.33 D) 4
Under TANF, at least 50% of single mother recipients and 90% of two-parent families must be working or in work preparation programs.
A. True B. False C. Uncertain
Losses
What will be an ideal response?
In order to effectively price discriminate, one requirement is that a seller must be able to:
A. reduce costs when producing the discounted item. B. resell the product. C. avoid detection because price discrimination is illegal. D. identify customers with different reservation prices.