An increase in the MPC will increase the income multiplier and reduce the effect on national income of any change in investment
Indicate whether the statement is true or false
F
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Sales taxes are generally progressive.
A. True B. False C. Uncertain
Which of the following people would be counted as employed?
a. A retired naval officer b. A high school student c. A stay-at-home father d. A teenager who has given up looking for work after a year of trying e. A ski instructor who is working during the summer
Refer to the information provided in Figure 8.6 below to answer the question(s) that follow. 
Figure 8.6 Refer to Figure 8.6. Average variable cost is represented by
A. curve 1. B. curve 2. C. curve 3. D. line segment AB.
Refer to Figure 8.4. If six microwave ovens are produced, Micro Oven's average fixed costs are A) $33.33. B) $83.33. C) $116.67. D) indeterminate from this information.