On the graph above, for a while after t = 0, the growth rate of output per worker is ________ the growth rate prior to time zero, and ________
A) below; rising
B) below; falling
C) above; constant
D) above; falling
A
Economics
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A financial intermediary's main function is to match ________ with excess funds to ________ with a shortage of funds
A) firms; insurance companies B) savers; borrower C) borrower; savers D) governments; households
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In the simple Keynesian model, if the equilibrium level of income is $300 billion, the MPC is 0.75, and government expenditures increase by 20 billion. What is the new equilibrium level of income?
a. $320 billion b. $380 billion c. $220 billion d. $520 billion
Economics