GlaxoSmithKline attempts to prevent arbitrage of its drug Combivir by selling different colored pills in special bar-coded packages, to identify and track distributors in different markets.
a. true
b. false
Answer: a. true
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The marginal propensity to consume (MPC) is
A) the percentage of real disposable income saved. B) the percentage of an additional dollar of real disposable income that will go toward additional real consumption spending. C) the percentage of real disposable income consumed. D) the rate at which real consumption spending changes over time.
Refer to the figure above. What is the price effect of a price reduction from $6 to $4?
A) $300 B) $600 C) $900 D) $1,200
Business firms are prohibited by law from borrowing money from banks
a. True b. False Indicate whether the statement is true or false
Which of the following perspectives exerted the most impact on fiscal policy during the Great Depression?
a. the Keynesian view b. the supply-side view c. the view that the federal government should maintain a balanced budget d. the new classical view that fiscal policy exerts little impact on demand and output