The greater the marginal propensity to consume (MPC) in the economy, the greater the spending multiplier
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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What type of profit can a firm in monopolistic competition make in the long run? Explain your answer
What will be an ideal response?
Economics
In a market system, the most dangerous types of bankruptcies involve
a. industrial monopolies. b. multinational firms. c. employment agencies. d. financial institutions.
Economics