When there is a change in the quantity demanded it means that:
A. the hours the customer can buy products each day have increased.
B. the number of products in inventory have increased.
C. the quantity a consumer is willing to buy changes when the price changes.
D. the selling price of the products has not changed.
Answer: C
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Suppose the marginal propensity to consume is 0.75. A $150 billion increase in government spending shifts the IS curve
A) to the right by $50 billion. B) to the left by $50 billion. C) to the left by $600 billion. D) to the right by $600 billion.
In finance, the leverage ratio refers to:
A. how a firm decides to borrow funds that it doesn’t have. B. using borrowed money to pay for investments. C. ratio of assets it has relative to its equity. D. ratio of assets it has relative to debt.
Conducting expansionary monetary policy when the economy is at its long-run equilibrium causes the Phillips Curve to:
A. shift straight up. B. shift straight down. C. become less steep. D. become more steep.
An increase in the real value of assets is associated with a reduction in planned aggregate expenditures
a. True b. False Indicate whether the statement is true or false