The formula, , is equal to the

A) expenditure multiplier.
B) marginal propensity to export.
C) marginal propensity to consume.
D) marginal tax rate.
E) total amount of autonomous expenditure.

A

Economics

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As the U.S. economy recovers from the recession of 2007-2009, stubbornly high unemployment is a concern. For each of the three business cycle models, identify the appropriate policy regime

What will be an ideal response?

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If a firm is producing 10 pizzas, and the price of a pizza = $3.50, the AFC = $.80, and AVC = $3.00, then the firm is

a. earning a profit of $.80 per pizza b. earning a total profit of $8.00 c. losing $.30 per pizza d. losing a total of $6.00 e. earning a profit of $.50 per pizza

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