Which of the following is a macroeconomics topic?
a. Wages of textile workers in the Northeast.
b. The cost of producing 10,000 bookcases.
c. The economy's annual growth rate.
d. National demand for fish.
e. Effects of farm subsidies on food prices.
c
Economics
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As the reserve ratio increases, the money multiplier.
a) Increases. b) Does not change. c) Decreases. d) Could do any of the above.
Economics
When investment increases, the multiplier points out that
A) consumption decreases by a greater amount. B) consumption increases by the same amount. C) real GDP increases by a greater amount. D) ultimately investment increases by more than the initial increase. E) real GDP decreases by a greater amount.
Economics