The cross-price elasticity of demand between pasta and spaghetti sauce is likely to be
A. a large positive number.
B. a small positive number.
C. zero.
D. a negative number.
Answer: D
Economics
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If the MPC is 0.8 and the tax rate is 20%, the expenditure multiplier will equal
A) 1.19. B) 2.78 C) 4.0. D) 6.0.
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The labor force participation rate is the ratio of
What will be an ideal response?
Economics
The share of net public debt owed to foreign residents today is close to
A. 100 percent. B. 50 percent. C. 10 percent. D. 80 percent.
Economics
Refer to the information provided in Figure 24.4 below to answer the question(s) that follow.
Figure 24.4Refer to Figure 24.4. Along AE1, injections equal leakages when aggregate output equals $________ billion.
A. 1,500 B. 2,000 C. 2,500 D. 3,000
Economics