The multiplier is larger if the
a) marginal propensity to consume is larger
b) marginal propensity to save is larger
c) income tax rate is higher
d) marginal propensity to import is larger
a) marginal propensity to consume is larger
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Refer to Figure 15-9. What is the difference between the monopoly output and the perfectly competitive output?
A) 140 units B) 240 units C) 340 units D) 560 units
Based on the information in Scenario 15.7. You should
A) keep the wine in barrels. B) sell the wine now, to get $18 per bottle in profit. C) keep the wine unless you expect the price to fall below $18 per bottle. D) keep the wine unless you expect the price to rise above $22 per bottle. E) not do anything until you find out what the interest rate is.
The owners of private property will
What will be an ideal response?
Which of the following countries meets or exceeds the U.N.'s Millennium Aid Goal of 0.7 percent of donor country GDP?
A. The United Kingdom. B. Australia. C. Norway. D. Japan.