Network effects and simultaneous consumption tend to foster the development of:

A worker's "real" wage is related to:

a. his productivity in the workplace. b. the value of his production to his employer. c. the nation's absolute advantage in production of that product. d. his productivity in the workplace, the value of his production to his employer, and the nation's absolute advantage in production of that product.

If net taxes were lowered from $5,000 to $1,000 . the marginal propensity to consume is 0.75, and autonomous consumption spending is $10,000 . by how much would consumption increase?

a. $3,000 b. $1,250 c. $7,500 d. $3,750 e. $750