Which of the following is not an in-kind benefit?
a. A company life insurance policy.
b. A company health plan.
c. A company's annual holiday bonus.
d. A company car.
c
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Political tensions may arise from nations pegging to a center base country's currency if:
A) asymmetric shocks cause the home nation to lose the power to stabilize. B) it is determined that the center nation has been misrepresenting the value of its currency. C) financing of military spending becomes more difficult. D) interest rates are affected.
Refer to the data above. If consumption increases by $10 billion at each level of disposable income, the marginal propensity to consume will:
The disposable income (DI) and consumption (C) schedules are for a private, closed
economy. All figures are in billions of dollars.
A. Change, but the average propensity to consume will not change
B. Change, and the average propensity to consume will change
C. Not change, but the average propensity to consume will change
D. Not change, and the average propensity to consume will not change