Treasury bills are government IOUs that mature within a year
Indicate whether the statement is true or false
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Which of the following advertising statements could be considered greenwashing?
A) "Only high quality products are used to make our guacamole." B) "Try our pizza; it is the best pizza you will ever taste." C) "Our employees love to make pizza for you!" D) "Our product is 100 percent biodegradable."
Assume that the multiplier effect for Mexico is 0.85 for an increase in spending by the U.S. government by $1 . Therefore, a $20 billion decrease in spending by the U.S. government results in:
a. a $23.5 billion increase in Mexican real GDP. b. a $133.3 billion decrease in Mexican real GDP. c. a $3 billion decrease in Mexican real GDP. d. a $17 billion decrease in Mexican real GDP. e. a $23.5 billion decrease in Mexican real GDP.
In the Keynesian economic model, _____________ aggregate demand brings unemployment and too much brings inflation.
a. too much b. stable c. too little d. dynamic
Stewie spends all of his income on movie rentals (R) and noodles (N). His marginal rate of substitution for rentals with noodles is given by MRSRN = 20/?R. Suppose that movies rent for $2 and noodles cost $1. Plot his income-consumption curve, his Engle curve for movie rentals and his Engel curve for noodles.
What will be an ideal response?