If DI falls by $100 billion, and C falls by $90 billion, the slope of the consumption is
a. ?0.45.
b. 0.45.
c. ?0.90.
d. 0.90.
e. 0.50.
d
You might also like to view...
If the marginal external cost of building a children's playground equals zero, then the
A) marginal private cost equals the marginal social cost. B) marginal social cost equals zero. C) marginal private cost equals zero. D) None of the above answers is correct.
The dominant strategy for each of the players in the prisoner's dilemma game does not yield the optimal outcome for each player because:
A) each player is misinformed about the decision that has been made by the other player. B) the players do not understand the consequences of each of the choices they can make. C) the two players are not allowed to communicate or otherwise cooperate with each other. D) each player fails to consider how the other player might act.
Which of the following conditions might move the labor supply curve to the left?
a. As the hospital nursing staff grew older, more of them reduced their hours to part time. b. The chance to take part in world-class research inspired candidates to apply for the fellowship. c. A large number of immigrants entered the state in search of better economic opportunities. d. More college graduates than ever were entering the work force with student loans to pay.
The term "bottleneck" refers to
a. when increasing variable inputs must share a fixed amount of complementary input. b. "fixity" of some factor c. None of the above d. Both a and b