From 1929 to 1932, the total value of the stock market:
A. stayed the same.
B. more than tripled.
C. more than quadrupled.
D. decreased by nearly 90 percent.
D. decreased by nearly 90 percent.
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The figure below shows the supply and demand curves for oranges in Smallville. 
What is the marginal cost of producing the tenth pound of oranges?
A. $4 B. $2 C. $5 D. $3
Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
Life-cycle saving is saving:
A. for protection against unexpected setbacks, such as the loss of a job or a medical emergency. B. to pay life-insurance premiums. C. for the purpose of leaving an inheritance. D. to meet long-term objectives, such as retirement, college attendance, or the purchase of a home.
The magnitude of the tax multiplier is ________ the magnitude of the government expenditure multiplier
A) greater than B) equal to C) smaller than D) the inverse of E) exactly one half