What is the proper formula for computing the GDP using the expenditure approach?
A. C + I + G + X
B. 0.5(w + r) + k
C. S + I + G + X
D. C + O + G + S
Answer: A
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A . If aggregate expenditure falls by $5 million, and the MPC is 0.8, explain the process that will drive the economy to a new equilibrium level. b. What will be the final result of this initial change?
Figure36-8
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Which of the graphs in Figure 36-8 illustrates the AD–AS shifts associated with a currency depreciation?
A. 1 B. 2 C. 3 D. 4
When the housing bubble popped, the effect of the negative demand side shock and the negative supply side shock were the same on:
A. output, causing it to definitely decrease. B. prices, causing them to definitely rise. C. output, causing it to definitely increase. D. prices, causing them to definitely fall.
What tools or tests are used by police departments to select police officers? Do you believe they are reasonable? Can the system be improved?
What will be an ideal response?