Which of the following is an autonomous factor that, when increased, causes consumer spending to rise?

Which of the following people would be counted as is employed in the Current Population Survey?

A) Rich, who is working 20 hours a week but wants a full-time job B) Misty, who just quit her job to return full-time to school C) April, who just graduated from college and is looking for work D) Jason, who was laid off from work less than 6 months ago but who has stopped looking for work

For a perfectly competitive firm, the marginal revenue product is equal to the marginal product multiplied by the output price

a. True b. False Indicate whether the statement is true or false