Jason is a Web page designer. He estimates that this summer, he has a 0.6 probability of making $10,000 and a 0.4 probability of making only $2,000. What is Jason's expected income this summer?

Fiscal policy tries to influence target variables by manipulating

A) money supply. B) interest rates. C) government expenditures. D) All of the above.

Given the level of real GDP, the equilibrium level of the interest rate depends on the

A) demand for money. B) monetary-fiscal policy mix. C) size of the multiplier. D) extent of crowding out.