The multiplier is
What will be an ideal response?
larger, the larger the MPC is and the smaller the MPS is. correct
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In the long run, the Phillips curve is a ________ at ________.
Fill in the blank(s) with correct word
The largest securities exchange in the United States is the
a. American Stock Exchange b. Chicago Board of Trade c. Securities and Exchange Commission d. New York Stock Exchange e. Federal Trade Commission
Which of the following is an example of a positive externality?
a. Sue not catching the flu because she got a flu vaccine b. Mary not catching the flu from Sue because Sue got a flu vaccine c. Sue catching the flu because she did not get a flu vaccine d. Mary catching the flu from Sue because Sue did not get a flu vaccine
Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.
Figure 23.1Refer to Figure 23.1. A decrease in the MPS
A. makes the consumption function flatter. B. shifts the consumption function upward. C. makes the saving function flatter. D. shifts the saving function downward.