Long-run growth is sustainable if:
A. it can continue in the face of limited natural resources and the impact of growth on the environment.
B. people continue to buy enough goods and services.
C. energy prices are low.
D. environmental concerns are ignored during global recessions.
Ans: A. it can continue in the face of limited natural resources and the impact of growth on the environment.
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Luke purchases a $50,000 face value one-year Treasury bill for $46,296.30, and the next day investors decide they will only buy one-year Treasury bills if they receive an interest rate of 4%
If Luke decides to sell his Treasury bill to another investor the day after he purchased it, he will A) receive a capital gain of $1,780.62. B) receive a capital gain of $2,000.00. C) suffer a capital loss of $1,923.08. D) suffer a capital loss of $1,851.85.
The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) equals: a. 0.5
b. the multiplier. c. the slope of the consumption function. d. 1.0. e. the slope of the saving function.