Using consumption theories based upon forward looking hypothesis, a temporary increase in government expenditures will have ________ impact on induced consumption
A) a large multiple
B) a small multiple
C) a variable
D) no
B
Economics
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How is accounting profit calculated?
What will be an ideal response?
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In the long run, under conditions of perfect competition, market forces come into play to
a. enhance profits. b. increase demand. c. eliminate profits. d. separate MR and AR.
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When foreigners come to the United States as tourists, they are generating a
A. Supply of U.S. dollars and a supply of a foreign currency. B. Supply of U.S. dollars and a demand for a foreign currency. C. Demand for U.S. dollars and a demand for a foreign currency. D. Demand for U.S. dollars and a supply of a foreign currency.
Economics
Explain the real-nominal principle.
What will be an ideal response?
Economics