If the marginal propensity to consume (MPC) decreases, then
A) the marginal propensity to save (MPS) decreases.
B) the multiplier decreases.
C) the multiplier increases.
D) MPC + MPS is less than 1.
B
Economics
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An increase in U.S. demand for Japanese made cars (made in Japan) would, other things equal, increase the U.S. financial account surplus
a. true b. false
Economics
There are a number of reasons why labor supply curves will shift in a particular industry. Which one of the following is NOT one of them?
A) Changes in working conditions in an industry affect the labor supply curve. B) job flexibility that determines the position of the labor supply curve C) There is a change in the market wage rate. D) Taxes on labor affect the labor supply curve.
Economics