The multiplier represents the ratio of the total shift in aggregate demand to the
A) initial shift in aggregate demand. B) total shift in long-run aggregate supply.
C) initial shift in short-run aggregate supply. D) total shift in short-run aggregate supply.
A
Economics
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Which of the following statements is NOT true about the rationing of goods?
A) Goods can only be rationed by price. B) Goods can be rationed on a first come first serve basis. C) Goods can be rationed by random. D) Goods can be rationed by the use of coupons.
Economics
Suppose you lend $2,500 at 11.5% for 3 years. If the interest is compounded annually, how much interest will you receive in those 3 years?
A. $862.50 B. $965.49 C. $3,362.50 D. $2,465.49
Economics