Refer to the given table. The total change in consumption resulting from the initial change in investment will
A. $100.
B. $96.
C. $180.
D. $80.
D. $80.
You might also like to view...
Under which of the following circumstances would the government be running a deficit?
A) G = $7 trillion T = $10 trillion TR = $3 trillion B) G = $7 trillion T = $7 trillion TR = $0 C) G = $5 trillion T = $5 trillion TR = $1 trillion D) G = $5 trillion T = $7 trillion TR = $1 trillion
Which of the following will be affected if consumers take money out of checking accounts to pay their credit cards?
A. M1 B. M2 C. M3 D. L
The market tends to underproduce public goods.
Answer the following statement true (T) or false (F)
Which is true of pure competition but not of monopolistic competition?
A. There are no significant barriers to entry B. Long-run economic profits are zero C. There are a large number of firms in the market D. Long-run equilibrium occurs at the minimum point on the ATC curve