If the marginal propensity to consume (MPC) is 0.75, what is the value of the multiplier?
A. 3.0
B. 1.0
C. 2.0
D. 4.0
Answer: D
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The most prevalent type of damage associated with hazardous waste sites is
a. water and soil contamination b. loss of livestock c. fish kills d. air pollution
The difference between the existing unemployment rate and the natural unemployment rate is defined is the __________ unemployment rate.
a. frictional b. structural c. cyclical d. natural
In which of the following situations can a firm or individual apply for a patent?
A. A firm develops a new tool that makes cutting grass much easier. B. An author publishes a new novel. C. Nicki Minaj, a recording artist, releases a new CD in the market. D. All of these are activities that can be patented.
What is the current limit on balances that are covered by federal deposit insurance?
A) $100,000 B) $250,000 C) $500,000 D) $1,000,000