When the MPC = 0.80, the multiplier is
A) 5.00.
B) 0.25.
C) 4.00.
D) 7.50.
A
Economics
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Nominal income is equal to real income if the CPI is less than 100
Indicate whether the statement is true or false
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If a firm sells to two distinct identifiable markets and resale is impossible, why is price discrimination more profitable than setting a single price?
What will be an ideal response?
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Transfer prices can be set in such a way so as to maximize profits for an entire business
Indicate whether the statement is true or false
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The real purchasing power of the average worker's yearly earnings in the United States in 2014 was ________ as in 1929.
A. more than twice as large B. about the same C. five times as large D. about half as much
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