__________ is the number of units that individuals are __________ to buy at a particular price during some time period
A) Demand; willing and able
B) Supply; willing and able
C) Quantity demanded; willing and able
D) Demand; able
E) Quantity demanded; willing
C
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Household saving is the defined as consumption minus disposable income
a. True b. False
Which of the following is true?
A) All economists agree that the tax multiplier is greater than the government spending multiplier. B) All economists agree that the tax multiplier is smaller than the government spending multiplier. C) There is disagreement among economists regarding the size of the tax multiplier relative to the size of the government spending multiplier. D) In the standard Keynesian textbook analysis, the tax multiplier is greater than the government spending multiplier. E) c and d
Producer surplus is given by the area
A. below the demand curve. B. below the demand curve but above the price. C. below the supply curve. D. above the supply curve but below the price.
Interest rate volatility is a problem because:
A. it decreases risk. B. financial decisions become less difficult when interest rates are more volatile. C. it can impact productivity in a positive way. D. it adds to uncertainty, thereby diminishing the investment.