President Obama's stimulus package in 2009 included
A) new tax cuts but no change in government spending.
B) tax increases and decreases in government spending.
C) increases in government spending but no change in taxes.
D) new tax cuts and increases in government spending.
D
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If the quantity of jelly beans supplied is represented by the equation QS = -20 + 4P then the corresponding price of jelly beans is represented by the equation
A) P = 2.5 - 4QS. B) P = 0.25QS + 5. C) P = 4QS - 80. D) P = 0.5QS + 80.
A grocery store hires cashiers and baggers. Cashiers earn $8 an hour; baggers earn $4 an hour. The manager, who wants to maximize the number of customers served given a fixed payroll, expects the following productivity from cashiers and baggers: 
Given the above information, with a payroll of $32 (per hour), how should the manager allocate this budget?
A. Hire three cashiers and two baggers B. Hire four cashiers and one bagger C. Hire two cashiers and four baggers D. Hire two cashiers and three baggers
Macroeconomics involves the study of the decision-making of individual firms or individuals.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4Refer to Figure 2.4. The economy moves from Point E to Point B. This could be explained by
A. a change in society's preferences for hybrid cars versus motorcycles. B. an increase in economic growth. C. an increase in unemployment. D. a reduction in unemployment.