Which of the following countries has the lowest unionization rate?
A. Sweden
B. Japan
C. Australia
D. The United States
D. The United States
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If the government spending multiplier is 7, the tax multiplier must be
A) -6. B) -3. C) 3. D) 7.
Which of the following is heavily subsidized by state and local governments?
A) Medicare B) Social Security C) public education D) food stamps
A company is producing 15,00 . units. At this output level, marginal revenue is $22 and the marginal cost is $18 . The firm sells each unit for $48 and average total cost is $40 . What can we conclude from this information?
a. The company is making a loss b. The company needs to cut production c. The company needs to increase production d. Not enough information is provided
The open-economy macroeconomic model examines the determination of
a. the output growth rate and the real interest rate. b. unemployment and the exchange rate. c. the output growth rate and the inflation rate. d. the trade balance and the exchange rate.