Between 1821 and 1930, the U.S. gained a comparative advantage in the production of agricultural goods

Word-of-mouth recruitment practices can be quite beneficial to minority hiring

Indicate whether the statement is true or false

If the marginal propensity to consume is 0.75, net taxes are fixed at $2,000 and real income rises by $12,000 . by how much will real consumption spending increase?

a. $9,000 b. $8,000 c. $7,500 d. $7,000 e. $10,000