A pricing strategy that requires consumers pay an up-front fee plus an additional fee for each unit of product purchased is a

If the increase in government spending is $200 and the multiplier is 2.5, then the change in real gross domestic product will be _____

a. $200 b. $300 c. $500 d. $700

Refer to the given data. If the unemployment rate in the economy fell to 6 percent, we could conclude that:

Answer the question on the basis of the following information for a specific year in a
hypothetical economy for which Okun's law is applicable:

A.  only structural unemployment remained.
B.  the economy's production possibilities curve shifted outward.
C.  the economy had moved from a point inside its production possibilities curve to a point on or very near the curve.
D.  nominal GDP would rise, but real GDP would fall.