When disposable income is 3750, the APS is about
A. .6.
B. .45.
C. .35.
D. .25.
D. .25.
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U.S. auto sales took a beating in September 2008 as the nation's worsening economy turned dealer showrooms into ghost towns
Automakers reported a sharp drop-off in sales in the last ten days of the month as news of bank failures and a stock market meltdown increased economic uncertainty. What type of constraint do the automakers face when there is increased economic uncertainty? A) information constraint B) technology constraint C) marketmconstraint D) price constraint
As population declines, scarcity eventually disappears
Indicate whether the statement is true or false
Reductions in inflation have no cost in terms of lower output in ________
A) traditional Keynesian theory B) new Keynesian theory C) real business cycle theory D) traditional and new Keynesian theory
In Figure G-2, which of the maps has the largest scale?
a) Map A
b) Map B
c) Map C
d) Map D
e) They all have the same scale.