Use the above table. The MPC is
A) 0.09. B) 0.20. C) 0.80. D) 0.91.
C
Economics
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If demand for a good is price elastic, then the price elasticity will be:
a. equal to one. b. equal to zero. c. greater than one. d. less than one. e. less than zero.
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The natural rate of unemployment includes frictional, cyclical, and structural unemployment
a. True b. False Indicate whether the statement is true or false
Economics