The quantity of money in circulation in the United States is managed by

The above table has data from the nation of Media. Based on these data, the marginal propensity to consume is

A) 0.67. B) 0.25. C) 1.33. D) 1.50. E) 0.75.

If a nation has a comparative disadvantage in the production of some commodity, a. it can gain from international trade in that commodity only if it has an absolute advantage in that commodity. b. it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if they produced it domestically. c. it cannot gain from international trade in the

commodity. d. it cannot gain from international trade unless it has an absolute advantage in every other commodity.