Changes in government purchases affect aggregate demand only indirectly through consumption spending
Indicate whether the statement is true or false
FALSE
Economics
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If you want to purchase a new sports car in four years for $75,000, how much would you need to have in your bank account now, so after four years you will have $75,000 to buy the car? Assume your bank pays 6 percent interest
A) $51,226 B) $59,408 C) $60,484 D) $70,755
Economics
Refer to Figure 4.5. If all 10 students choose Dash, each student will earn ________ extra points
A) 0 B) 2 C) 4 D) 6
Economics
Under perfect competition and monopolistic competition, profits are zero in long-run equilibrium
a. True b. False Indicate whether the statement is true or false
Economics
The funding of public education is
A. provided by Social Security. B. a private program. C. done by voluntary contributions. D. a subsidy program.
Economics