When an economy is operating well below its full-employment capacity and the marginal propensity to consume is 0.75, a $10 billion increase in investment spending will cause the equilibrium output to rise by:

A baby boom will have what immediate effect on the disposable diaper market?

a. Supply decreases. b. Supply increases. c. Demand decreases. d. Demand increases. e. Supply and demand remains the same.

If one person's consumption of a good does not preclude another's consumption, the good is said to be:

A. nonrival in consumption. B. rival in consumption. C. nonexcludable. D. excludable.