Customer discrimination is illegal in the United States
a. True
b. False
Indicate whether the statement is true or false
False
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In an economy, the government wants to increase aggregate demand by $50 billion at each price level to increase real GDP and reduce unemployment. If the MPC is 0.6, then it would increase government purchases by
A. $31.25 billion. B. $10 billion. C. $20 billion. D. $40.50 billion.
Discuss the impact of the restoration of convertibility in 1958
What will be an ideal response?
Who provides the primary source of funding for a program promoting forward and backward linkages in an LDC?
a. government b. entrepreneurs c. consumers d. workers e. taxpayers
The law of one price states that a product should cost the same everywhere if the prices in different countries are:
A. unaffected by exchange rate overshooting B. converted into the same currency using market exchange rates C. recalculated as the ratio of the local price to the local wage rate in each country D. measured in local currency units in each country