The slope of a horizontal line is
a. infinitely large
b. zero
c. positive
d. negative
e. infinitely small
B
Economics
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The graph above indicates equilibrium E for a close economy without government spending. If the addition of government spending results in equilibrium F, which of the following is true?
A) Government spending is $300 and the multiplier is 5 B) Government spending is $100 and the multiplier is 5 C) Government spending is $100 and the consumption increase by $500 D) Government spending and GDP increase by $500 each E) Consumption and GDP increase by $500 each
Economics
The Celler-Kefauver Act is primarily concerned with prohibiting:
a. monopolization. b. unfair business practices. c. predatory pricing. d. anticompetitive mergers.
Economics