In Figure 3-7 above, the marginal propensity to save is
A) 1.
B) 5.
C) 0.5.
D) 0.2.
D
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Monopolistic competition and monopoly have all of the following in common EXCEPT
A) P > MC. B) Firms are price setters. C) Barriers to entry. D) MR = MC.
Refer to the above figure. Where are the poorest households represented on the graph?
A) The poorest households are to the left along the horizontal axis. B) The poorest households are to the right along the horizontal axis. C) The poorest households are all along the horizontal axis. D) The poorest households are concentrated in the middle.
Suppose that an internet-based program, Novus, wants to raise $10 million to expand its business operations. Describe how Novus can raise these funds directly through each of the follow options: issuing stock, issuing bonds, or obtaining a bank loan. Compare and contrast these three options.
What will be an ideal response?
In the years immediately following the passage of the American Recovery and Reinvestment Act, interest rates ________, and the prices of goods and services ________.
A. remained high; barely changed B. fell dramatically; rose at higher-than-normal rates C. rose sharply; fell sharply D. remained low; rose at lower-than-normal rates