If the MPC increases from 0.75 to 0.8 and there are no income taxes or imports...

a) the multiplier becomes larger
b) the multiplier becomes smaller
c) the slope of he consumption function becomes smaller
d) the slope of the savings function becomes larger


a) the multiplier becomes larger

Economics

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Use the following graph of total revenues to answer the question below. If the quantity of product X demanded decreases from 16,000 to 10,000 units, then it suggests that the price of X was

A. reduced and the demand is elastic. B. increased and the demand is elastic. C. increased and the demand is inelastic. D. reduced and the demand is inelastic.

Economics

The five categories of income used in the income approach to the measurement of GDP are

A) consumption, saving, rental income, corporate profits, and investment. B) employee compensation, net interest, rental income, corporate profits, and proprietor's income. C) employee compensation, consumption, rental income, corporate profits, and proprietor's income. D) employee compensation, saving, rental income, corporate profits, and investment.

Economics

During menstruation, the bleeding is the result of:

A. a ruptured fallopian tube. B. a ruptured follicle. C. detachment of the myometrium. D. deterioration of the endometrium.

Economics

If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income, the graph would show a _____.

(A) Curved line and sloped diagonally upward. (B) Straight line and sloped diagonally upward. (C) Curved line and sloped diagonally downward. (D) Straight line and sloped diagonally downward.

Economics