In the above figure, the movement from point B to point A might be the result of
A) an increase in government expenditures because of a war.
B) an increase in government expenditures because of increases in education expenditures.
C) an increase in the demand for manufacturing goods because of new technology.
D) a fall in the price level.
D
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Who hires the managers of a corporation?
A) employees B) stockholders C) managers D) the board of directors
When the U.S. decides to strengthen its border control, the labor market in California is affected. We would expect the:
A. demand for labor to decrease. B. supply of labor to decrease. C. demand of labor to increase. D. supply of labor to increase.
Which of the following is not a transfer payment?
a. a $100 check from your parents to you b. a birthday present from your roommate c. your grandmother's monthly Social Security check d. your uncle's unemployment insurance check e. the interest payments on the savings bond your dad bought last month
Based on our understanding of the model presented in Chapter 3, a reduction in investment will cause
A) an increase in the multiplier. B) a reduction in the multiplier. C) a reduction in the marginal propensity to save. D) a reduction in output. E) both B and D