B) 1.25.
C) 2.50.
D) 5.00.
E) 10.00.
A) decreases.
B) remains constant.
C) increases.
D) varies in uncertain ways.
Answer: C
Which of the following is true of the gross domestic product (GDP) of a nation? a. It can be measured by the stock of consumer goods in a nation at a particular point in time
b. It can be measured by the stock of capital goods in a nation at a particular point in time. c. It can be measured either by calculating the total spending on production or the total income from that production. d. It is the sum of total spending on production and total income from that production. e. It can be measured from the stock of wealth in the nation.
When the MPC = 0.9, the multiplier is
What fiscal policy actions did the U.S. government take in 2008 and 2009?
What will be an ideal response?
Because of an increase in the work-force participation rate for women, the availability of uncompensated child care (free care by aunts, sisters, and grandmothers) has become less available to poor women, So, as a consequence, the fact that child care must now be paid for suggests that the
A. poverty rate is understated. B. poverty is not a problem. C. poverty line should be revised downward. D. poverty gap is overstated.