The idea of the multiplier is that a change in ________ expenditure changes real GDP, which then changes ________ expenditure. The change in total expenditure will be larger than the initial change in ________ expenditure
A) induced; induced; autonomous
B) induced; autonomous; induced
C) autonomous; induced; autonomous
D) induced; autonomous; autonomous
E) autonomous; induced; induced
C
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An option buyer
A) has a greater insurance benefit than the purchaser of a futures contract. B) bears the risk of unfavorable price movements. C) is purchasing a naked option if he or she does not also own the underlying asset. D) generally will incur a lower cost than will the purchaser of a futures contract.
In the late 18th century, England:
a. passed laws prohibiting the export of new industrial machinery. b. tried to discourage labor pirating. c. was the second largest producer of manufactured goods in the world. d. successfully prevented technology transfer to the U.S. e. Both a and b are correct.
The share of college degrees earned by women was ____ in 2013 compared to ____ in 1961
a. 50 percent; 50 percent b. 47 percent; 30 percent c. 57 percent; 39 percent d. 51 percent; 48 percent
While the U. S. government investigates few claims of dumping, nearly all of the claims are upheld by the International Trade Commission.
Answer the following statement true (T) or false (F)