Medicaid patients are disproportionately
A. female children.
B. female.
C. children.
D. wealthy.
Answer: A
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If consumption expenditures are $500 million, net investment is $100 million, depreciation equals $5 million, imports are $50 million, exports are $55 million, government expenditure on goods and services is $220 million, and government transfer
payments are $20 million, then GDP is A) $790 million. B) $800 million. C) $830 million. D) $850 million.
Using Figure 2 below, suppose that the economy started at PAE2. A potential change that could cause the economy to go from PAE2 to PAE1 might be:
A. consumption increases.
B. investment increases.
C. export increase.
D. government spending decreases.
As productivity in the manufacturing sector increases, the service sector must keep pace or it will become more expensive in the long run
a. True b. False Indicate whether the statement is true or false
The marginal propensity to consume is calculated by dividing the change in consumer spending by the change in disposable income
a. True b. False Indicate whether the statement is true or false