On the graph above, if the economy is at point A when the real interest rate falls, the economy's new situation might be indicated by point ________
A) A
B) B
C) C
D) D
E) none of the above
B
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Firms in which market structure hold the most market power?
(A) Monopolistic competition (B) Oligopoly (C) Monopoly (D) Perfect competition
The Single European Act
A) created a common currency. B) created a free trade area. C) created a customs union. D) created a common market for capital and labor.
Capital inflows that take the form of direct investment may be particularly beneficial if they bring new technologies, new management techniques, and new ideas to the host country
Indicate whether the statement is true or false
If a household's income falls from $26,000 to $24,000 and its saving falls from $1,000 to $500, then its _____
a. marginal propensity to consume is 0.98 b. marginal propensity to consume is 1.33 c. marginal propensity to consume is 0.25 d. marginal propensity to save is 0.02 e. marginal propensity to save is 0.25