If households spend $0.95 of each additional dollar of increased income, the expenditure multiplier will be

A) 1.05.
B) 5.
C) 20.
D) 9.5.

C

Economics

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When you see a commercial on TV asking you to "look for the union label," the union is trying to

A) increase worker productivity. B) increase the demand for nonunion goods. C) increase the demand for union goods. D) decrease the demand for nonunion goods.

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The performance of the macroeconomy ultimately depends on the microeconomic decisions made by households and businesses

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

Economics