If the MPC = 1, the spending multiplier is:
A. infinite.
B. zero.
C. 10.
D. 1.
Answer: A
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In the United States in 2012, the CDC estimated that the total number of people with diabetes (both diagnosed and undiagnosed cases) was highest for people in the age range of ________, and the percentage of people with diabetes was highest for people in the age range of ________.
A) 65 and older; 20-44 B) 65 and older; 65 and older C) 20-44; 45-64 D) 45-64; 65 and older
England's mercantilist principles:
a. were active from the early 1600s. b. were active from the early 1700s. c. were a response to Spanish tariffs. d. were pursued by Charles II after 1685.
If the interest rate is positive, the present value of $10 to be received in the future is
a. less than $10. b. equal to $10. c. more than $10. d. Any of the above is possible, depending on the interest rate and when the payment is to be received.
How costly are biases in the Consumer Price Index (CPI)?
What will be an ideal response?