The value of a dollar

A) is its face value. B) is set by the government.
C) is its purchasing power. D) remains constant over time.

C

Economics

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If the government decides to spend an extra $5 billion on fighter jets that they would otherwise have spent on road construction, and the MPC = 0.75, what is the effect on AD? a. It has no effect

b. It increases by $5 billion. c. It increases by $15 billion. d. It increases by $20 billion.

Economics

Which of the following is the best example of oligopoly?

A. Women's dress manufacturing. B. Automobile manufacturing. C. Restaurants. D. Cotton farming.

Economics