On the graph above, if the U.S. economy is at point B in 2009, then the economy in 2010 is best represented by point ________
A) A
B) B
C) C
D) D
E) any of the labeled points is as good as the others
B
Economics
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The larger the marginal propensity to save,
A) the smaller the multiplier. B) the larger the multiplier. C) the smaller the change in Real GDP, given a change in autonomous consumption. D) a and c E) none of the above
Economics
If the prices received by farmers increased and the prices paid by farmers also increased, the parity ratio:
A. will necessarily be unchanged. B. may either increase or decrease. C. will necessarily increase. D. will necessarily decline.
Economics