Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. For this economy to move from Point C to Point B, ________ additional LCD TVs could be produced when the production of OLED TVs is reduced by 20.

A. exactly 30
B. exactly 60
C. fewer than 30
D. more than 30

Answer: C

Economics

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A horizontal LM curve implies that the expenditure multiplier, when compared with the simple Keynesian expenditure multiplier, is

A) smaller. B) larger. C) equal. D) equal to the inverse of the simple multiplier.

Economics

Related to the Economics in Practice on page 707: Which of the following is not one of the MDG concerns?

A. gender equality B. investment opportunities for the poor C. hunger D. stunting

Economics