The cultural hypothesis of economic growth claims that:

A) most of the ancient cultures of the world have almost been forgotten post-globalization.
B) different values and cultural beliefs cause differences in prosperity around the world.
C) a common global culture is automatically created through liberal trade practices.
D) values and cultural beliefs are proximate causes for differences in prosperity around the world.

B

Economics

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A marginal propensity to consume of 0.84 results in a multiplier of

A) 6.25. B) 1.19. C) 0.16. D) 0.84. E) 1.84.

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For complementary goods, an increase in the price of one results in a decrease in demand for the others

Indicate whether the statement is true or false

Economics