The slope of the consumption function is equal to the marginal propensity to save (MPS).
a. true
b. false
b. false
Economics
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Which of the following serves only the best known and heavily traded securities?
A. NYSE B. Multiple regional exchanges C. AMEX D. NASAQ
Economics
The unemployment rate can remain below the natural rate, but only _____
a. in the long run b. with continuous deflation c. with a continuously increasing inflation rate d. with a series of adverse supply shocks e. if the money supply is constant
Economics
Exhibit 1A-5 Straight line
In Exhibit 1A-5, the slope for straight line CD is:
A. 5. B. 1. C. ?1. D. ?5.
Economics
If, as a result of imperfect information, firms set their wage rates ________ the market clearing wage rate, there will be a surplus of workers.
A. below B. at C. above D. above or below
Economics