As the marginal propensity to consume ________, the value of the multiplier increases
A) decreases slightly B) is constant C) increases D) decreases
C
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When considering the demand for money curve, the interest rate
A) is the price of holding money. B) varies negatively with the transactions demand for money. C) will have a positive relationship with the quantity of money demanded. D) is independent of the opportunity cost of money.
In 1966, the Catholic Church eliminated the centuries-old requirement that members abstain from eating meat on Fridays. Catholics customarily ate fish on Friday. Following the removal of this requirement, it was found that the
A. demand curve for fish shifted to the right. B. demand curve for fish shifted to the left. C. demand for meat decreased. D. price of fish increased.
All else equal, false advertising is more prevalent in all of the following types of communities except which one?
A) a resort town B) a college campus C) a tourist destination D) a small town with few visitors
In the case of a normal good, an increase in consumers' incomes would shift the
a. demand curve inward b. supply curve inward c. supply curve outward d. supply and demand curves inward e. demand curve outward