Which of the following is not a limitation a person faces when shopping for clothes?
a. The amount of time available to shop
b. The person's budget
c. The various styles that are available
d. The selection of stores
e. The freedom to make rational choices
e
Economics
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Assume that GDP = $10,000 and the MPC = 0.75. If policy makers want to increase GDP by 30 percent, and they want to change taxes and government spending by equal amounts, how much would government spending and taxes each need to increase?
A) $300 B) $750 C) $1,000 D) $3,000
Economics
The largest group of saver-lenders in the financial system is
A) businesses. B) government. C) households. D) financial intermediaries.
Economics