If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is:

a. 2.
b. 5.
c. 8.
d. 10.

b

Economics

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The reason that the Fisherman's Friend restaurant in Stonington, Maine had a monopoly on selling seafood dinners in that town is most likely due to

A) no competitors apparently found the profit level attractive enough to enter the market. B) the restaurant owned all the fresh seafood in the state. C) a government-imposed barrier. D) occupational licensing.

Economics

What are the ways a multinational corporation can reposition its funds to increase its profits?

What will be an ideal response?

Economics