If consumers save 15 cents out of every dollar received, the:
A. Multiplier is 15.
B. MPS is 0.85.
C. MPS is 0.15.
D. Multiplier is 0.15.
C. MPS is 0.15.
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When you deposit funds in a bank and then the bank lends these funds to a borrower, the bank is engaged in
A) fiduciary investment.
B) fraudulent behavior.
C) universal banking.
D) financial intermediation.
Refer to the given data. A $2 billion increase in consumption at each level of DI could be caused by:
Answer the question on the basis of the following consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars.
A. a decrease in consumer wealth.
B. new expectations of higher future income.
C. an increase in taxation.
D. an increase in saving.
Suppose you are the manager of Sweet Aroma, a firm that specializes in air freshener. To make your air freshener, you purchase apple skins from apple juice manufacturers. If the demand for apple juice increases, this will cause the production of apple skins to ________ and the price of apple skins to ________.
A) decrease; rise B) increase; rise C) decrease; fall D) increase; fall
The Civil Rights Act of 1964 was designed to protect workers from institutionalized union power that resulted in racial and sexual discrimination
Indicate whether the statement is true or false