Hershey Chocolate Factory pays a money wage rate equal to $30 per hour and sells its candy bars for $1.50 each. Hershey Chocolate Factory should hire labor until an additional unit of labor produces ________ candy bars an hour

China's government runs a budget surplus. As a result,

A) saving will exceed investment. B) if there is no Ricardo-Barro effect, the supply of loanable funds curve lies to the right of the private supply of loanable funds curve. C) the quantity of loanable funds decreases. D) interest rates should increase. E) the Ricardo-Barro effect predicts that the real interest rate will increase.

The size of the spending multiplier depends on the level of real GDP

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