If the MPC is 0.5, then the spending multiplier must be:

In the figure above, the factor responsible for the decline in the interest rate is

A) a decline the price level. B) a decline in income. C) an increase in the money supply. D) a decline in the expected inflation rate.

The idea of comparable worth implies that wages are to be determined by the job characteristics and not merely by the interaction of demand and supply

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