The primary disadvantage of the corporation is unlimited liability.
Answer the following statement true (T) or false (F)
False
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If MPC = 0.8 and the economy is in equilibrium $500 below full-employment equilibrium, how much should government spending change to achieve full employment?
a. ?100. b. +80. c. ?80. d. +500. e. +100.
To increase domestic investment, a country must increase its saving
a. True b. False Indicate whether the statement is true or false
A firm's demand for labor depends on, in part, the demand for the firm's product. To summarize this idea, economists say that the demand for labor is:
A. derived demand. B. marginal demand. C. secondary demand. D. monopsonistic demand.
Real GDP is the
A. Value of final output produced in a given period measured in current prices. B. Value of final output produced in a given period, adjusted for changing prices. C. Value of output produced, including the nonmarket activities that are not counted in nominal GDP. D. Intangible quality of goods and services produced in the economy.