If the value of the marginal propensity to consume (MPC) is 0.90, the value of the spending multiplier is:
a. 10.
b. 1.1.
c. 90.
d. 100.
a
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Which firm has higher fixed costs?
a. Jim's Production b. Competitor c. They both have the same fixed costs d. Need more information
The set of collectively held beliefs, values, and norms among the members of a firm that influence individual behavior is referred to as
A) network values. B) horizontal values. C) implicit contracts. D) corporate culture.
Deleveraging is the process of reducing leverage, and therefore increasing the risk to capital from any further declines in asset prices
a. True b. False.
Government policy to reduce unemployment and increase national output can be illustrated by an
A. outward shift of the aggregate demand curve caused by an increase in government spending. B. outward shift of the aggregate supply curve caused by a reduction in government spending. C. inward shift of the aggregate demand curve caused by an increase in government spending. D. inward shift of the aggregate supply curve caused by a reduction in government spending.