If you go to Europe to work and send funds home to your family living in the United States, this is known as a
A) service import.
B) merchandise import.
C) service export.
D) unilateral transfer.
D
Economics
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If the marginal propensity to consume (MPC) is 0.8, the multiplier will be
A) 1. B) 5. C) 0.8. D) 4.
Economics
Maximum employment and moderate long-term interest rates are best achieved with
A) price stability. B) high and variable inflation rates. C) high real interest rates. D) high and stable inflation rates. E) high short-term interest rates.
Economics