Refer to the information provided in Figure 23.11 below to answer the question(s) that follow. Figure 23.11Refer to Figure 23.11. On this graph, 4 represents the
A. multiplier.
B. break even income level.
C. MPS.
D. MPC.
Answer: A
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In 1999 the European unemployment rate was ________ that in the United States
A) double B) triple C) equal to D) lower compared to
Suppose that you can either buy a radio from a firm for $50 or find and purchase the components yourself and then either assemble them yourself or hire someone to do so. You should
a. buy the radio because it's possible to do so b. assemble the radio yourself because it's possible to do so c. assemble the radio yourself only if you know how to do so d. assemble the radio yourself only if the total price of all the components is less than $50 e. assemble the radio yourself only if the total price of all the components plus the value of your own time is less than $50