Refer to Table 11.1. What is the value of the marginal propensity to consume?

A) 0.15 B) 0.6 C) 0.75 D) 0.9

C

Economics

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If the money wage rate increases, the short-run aggregate supply curve shifts rightward

Indicate whether the statement is true or false

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Refer to Figure 4-9. The price buyers pay after the tax is

A) $12. B) $8. C) $5. D) $3.

Economics