U.S. policymakers classify highly diverse surface waters into groups, which include:
a. bays and estuaries
b. wetlands
c. aquifers
d. all of the above
e. (a) and (b) only
e. (a) and (b) only
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Economic growth can be portrayed as a(n)
A. movement from a point on to a point inside a production possibilities frontier. B. outward shift of the production possibilities frontier. C. movement from one point to another point on a fixed production possibilities frontier. D. inward shift of the production possibilities frontier.
Marginal propensity to save is equal to the change in ____ divided by the change in ____
a. consumption spending; total income b. saving; total income c. saving; disposable income d. consumption spending; disposable income
As the U.S. price level decreases, expenditures by which of the following will remain unaffected?
A. Government B. The rest of the world C. Businesses D. Consumers
When the policy rate increases,
A) IS curve does not change. B) IS curve shifts to the right. C) IS curve shifts to the left. D) LM curve shifts upward. E) LM curve shifts downward.