Generally speaking, the greater the MPS, the:
A. Smaller would be the increase in income which results from an increase in consumption
spending
B. Larger would be the increase in income which results from an increase in consumption
spending
C. Larger would be the increase in income which results from a decrease in consumption
spending
D. Smaller would be the increase in income which results from a decrease in consumption
spending
A. Smaller would be the increase in income which results from an increase in consumption
spending
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A market often characterized by one-on-one bargaining is a(n) ________ market.
A. general B. informal C. formal D. specific
A bank loans Kellie's Print Shop $350,000 to remodel a building near campus to use as a new store. On their respective balance sheets, this loan is
a. an asset for the bank and a liability for Kellie's Print Shop. The loan increases the money supply. b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply. c. a liability for the bank and an asset for Kellie's Print Shop. The loan increases the money supply. d. a liability for the bank and an asset for Kellie's Print Shop. The loan does not increase the money supply.
From 1970 to 1998 the U.S. dollar
a. gained value compared to the Italian lira because inflation was higher in the U.S. b. gained value compared to the Italian lira because inflation was lower in the U.S. c. lost value compared to the Italian lira because inflation was higher in the U.S. d. lost value compared to the Italian lira because inflation was lower in the U.S.
"The long-run average cost curve is derived from adding all short-run average cost curves together." Do you agree or disagree? Explain
What will be an ideal response?