The tax multiplier is smaller in absolute value than the government purchases multiplier because some portion of the
A) decrease in taxes will be saved by households and not spent, and some portion will be spent on imported goods.
B) increase in government purchases will be saved by households and not spent, and some portion will be spent on imported goods.
C) decrease in taxes will be saved by households and not spent, and some portion will be spent on consumer durable goods.
D) increase in government purchases will be saved by households and not spent, and some portion will be spent on consumer durable goods.
A
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If a person without a job is not actively looking for work, that person is classified as not being in the labor force
Indicate whether the statement is true or false
Laura is a manager for HP. When Laura must decide whether to produce a few additional printers, she is choosing at the margin when she compares
A) the total revenue from sales of printers to the total cost of producing all the printers. B) the extra revenue from selling a few additional printers to the extra costs of producing the printers. C) the extra revenue from selling a few additional printers to the average cost of producing the additional printers. D) HP's printers to printers from competing companies, such as Lexmark.
What's the firm's contribution margin per unit?
a. $12 b. $10 c. $8 d. $4
Police officers earn higher wages in part because of the dangers associated with their profession
a. True b. False Indicate whether the statement is true or false