Because of a recession in Japan, net exports from the United States decrease by $10 billion. If the MPC is 0.75, how much less spending will occur in the U.S. economy in the second "round" of spending?
a. $17.5 billion
b. $10 billion
c. $7.5 billion
d. $5.0 billion
c
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The strike price of a put option for a particular stock is $48. If the stock is selling for $45 on the expiration date, a put option on this stock has an intrinsic value of __________ per share
A) $48 B) $45 C) $3 D) $0
A scatter diagram of the position of the U.S. economy from 1972 through 2007 with the price level on the vertical axis and real GDP on the horizontal axis would show a movement generally toward the
a. northwest. b. northeast. c. southwest. d. southeast.
The supply of loanable funds can decrease as international and domestic savers send their saving to other international markets
a. True b. False Indicate whether the statement is true or false
Total net benefits are maximized when marginal net benefits are
a. Maximized b. Minimized c. Zero d. Equal to the discount rate e. Equal to price