Business debt is an example of a lagging indicator
Indicate whether the statement is true or false
TRUE
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The labor force participation rate
A) increases as the real wage increases. B) decreases as the real wage increases. C) has nothing to do with the real wage rate. D) increases as the opportunity cost of working increases. E) is one of the major reasons that firms pay efficiency wages.
An increase in the Marginal Propensity to Save will:
(a) Increase the size of the multiplier. (b) Increase the marginal propensity to consume. (c) Decrease the size of the multiplier. (d) Increase injections into the economy.
Refer to the accompanying figure. If the government imposed a price ceiling of $40, what would happen in this market?
A. There would be excess supply. B. The equilibrium quantity would fall. C. The price ceiling would have no effect. D. There would be excess demand.
Judging from the table of the four types of goods, goods that are nonrival in consumption would include ______.
a. pizzas and automobiles
b. rainforest trees and clothing
c. the atmosphere and rainforest trees
d. movie streaming and street lighting