Government purchases have the same multiplier effect as business investment spending.
Answer the following statement true (T) or false (F)
True
You might also like to view...
When the Fed buys securities from the public, banks' reserves ________ and the quantity of money ________
A) increase; increases B) increase; decreases C) decrease; increases D) decrease; decreases E) do not change; increases
Variance, Ltd decides to leave a market for 6 months and then reassess its operations. This is an example of a firm ______.
a. marginalizing efficiency b. allocating efficiency c. shutting down d. exiting the market
As we use more and more units of a resource, the MRP
A. rises sharply. B. rises slowly. C. remains the same. D. declines.
Exhibit 7-10 Price and cost data for a firm Q P AVC ATC MC 0 $12 ? ? ? 1 12 3 5 5 2 12 5 6 7 3 12 7.3 8 12 4 12 9.5 10 16 In Exhibit 7-10, MR is the same as which column?
A. Q. B. P. C. AVC. D. ATC. E. MC.