If the MPC = 0.75, MPS must be _______ and the income multiplier is _______
a. 0.25; 4
b. 0.25; 5
c. 0.75; 5
d. 1.50; 5
e. 4; 0.25
A
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a. horizontal merger. b. vertical merger. c. conglomerate merger. d. deregulation. e. high fuel prices.
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Indicate whether the statement is true or false
A television station reports that the price of coffee has increased but the quantity sold in the market has decreased. This situation would be caused by a(n):
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