The number of buyers of sport utility vehicles, SUVs, decreases sharply. So the
A) demand curve for SUVs does not shift, but there is a movement downward along it.
B) demand curve for SUVs shifts leftward.
C) demand curve for SUVs shifts rightward.
D) demand curve for SUVs does not shift, nor is there a movement along then demand curve.
E) supply curve for SUVs shifts rightward.
B
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If the MPC = 0.8, and planned autonomous investment increases by $80 billion, then equilibrium real GDP will increase by
A) $320 billion. B) $80 billion. C) $400 billion. D) $64 billion.
Who in the adult population is counted as "employed" in U.S. labor statistics?
a. people who are temporarily absent from their job and people who work without pay in a family member's business b. people who are temporarily absent from their job but not people who work without pay in a family member's business c. people who work without pay in a family member's business but not people who are temporarily absent from their job d. neither people who are temporarily absent from their job nor people who work without pay in a family member's business