Which of the following is NOT an economic resource?
A) money
B) low-skilled labor
C) coal
D) an engineer
A
Economics
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In the standard consumption function of C = a + bY, a change in corporate stock prices would be reflected by a change in
A) Y. B) b. C) a. D) both A and B.
Economics
The higher the marginal income tax rate, the
a. higher the MPC out of disposable income. b. lower the MPC out of disposable income. c. higher the autonomous expenditure multiplier. d. lower the autonomous expenditure multiplier. e. None of the above
Economics