An increase in autonomous spending leads to higher ________

A) inflation
B) output
C) real interest rate
D) all of the above
E) none of the above

B

Economics

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Which of the following statements is TRUE?

A) APC + APS = 1 B) APC + APS < 1 C) APC + MPS = 1 D) APC + APS + MPC + MPS = 1

Economics

Marshall Field's and Stern's department stores were good examples of low-cost producers operating in perfect competition.

Answer the following statement true (T) or false (F)

Economics