If, for a producer, large changes in price lead to relatively small changes in quantity, the producer's

If the MPC = 0.75, a decrease in government spending from $875 billion to $840 billion will decrease real GDP by

A) $26.25 billion. B) $35 billion. C) $46.67 billion. D) $140 billion.

One of the strong parallels between the development of virtual currencies and the development of currencies in the United States during the 1800s is:

a. Both began as physical currencies. b. They owe their size and stature to governments, worldwide, that supported their growth and development. c. They owe their growth and development to public trust. d. All of the statements above are true.