If the marginal propensity to consume is 0.5 and disposable income increases by $10,000 . by how much will consumption spending increase?

Bankers have an advantage in developing a relationship with their business borrowers because

A) banks provide a menu of services which allows them to learn about a company. B) banks have access to higher quality credit reports. C) banks are better at getting owners to pledge collateral than are other lenders. D) loans to small businesses are usually less than 5 years thus allowing encouraging borrowers to return more frequently for evaluation.

How does Gordon integrate the exogenous factors affecting economic growth into the production function for an economy?

A) Y = A(G,R,H) F(K,P,T,N) B) Y = A(G,P,T) F(K,R,H,N) C) Y = A(G,P,T,R) F(K,H,N) D) Y = A(P,T,K) F(G,R,H,N)