In the ordered pair (10,30), 10 is the horizontal location of the point and 30 is the vertical location of the point
a. True
b. False
Indicate whether the statement is true or false
True
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Use the above table. When real disposable income is $125
A) APC = 0.80. B) MPS = 0.96. C) APS = 0.20. D) APC = 0.96.
To produce more output in the short run, a firm must employ more of
A) all its resources. B) its fixed resources. C) its variable resources. D) the least costly resources regardless of whether they are fixed or variable. E) Firms cannot produce more output in the short run.
Which of the following is a bank liability?
A. Reserve deposits at the Fed. B. Loans made to customers. C. Transactions account balances. D. Securities the bank has purchased.
A. countries with lower GDP per person tend to have healthier environments. B. countries with higher GDP per person tend to have healthier environments. C. there is no correlation between GDP per person and environmental quality. D. growth in GDP
per person initially improves environmental quality and then gradually reduces it. A. the United States and Tanzania. B. Switzerland and Latvia. C. New Zealand and Sweden. D. Brazil and Australia.