Which of the following would most likely cause both a decrease in the price of plasma screen TVs and a decrease in the number sold?
a. an increase in the supply of plasma screen TVs
b. an increase in the demand for plasma screen TVs
c. a decrease in the supply of plasma screen TVs
d. a decrease in the demand for plasma screen TVs
D
Economics
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If the government increased its purchases of goods and services by $12,000, and this resulted in an eventual increase in GDP and income of $60,000, the MPS would be equal to
A) 0.2. B) 0.4. C) 0.8. D) 2.
Economics
Give an example of a frictionally unemployed person
What will be an ideal response?
Economics