Which of the following market bundles will give the lowest utility?
a. 2 movies and 2 games
b. 2 movies and 3 games
c. 2 movies and 4 games
d. 2 movies and 5 games
a
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A share of common stock is a claim on a corporation's
A) debt. B) liabilities. C) expenses. D) earnings and assets.
Which of the following would lead to an increase in the demand for computer software?
a. A decrease in the price of computer software. b. A decrease in the price of personal computers. c. An decrease in the cost of producing computer software. d. An decrease in personal income.
Economists define inflation as
The price of necessities like food and gasoline. How fast on average prices are rising in a given period of time The value of the dollar Average house prices in a given area
Increases in autonomous expenditure induce ________ in aggregate expenditure thereby making the multiplier ________
A) further increases; greater than one B) further increases; unnecessary C) further increases; less than one D) a decrease; less than one E) a decrease; greater than one