If the MPC is 0.75, the multiplier will be:
A. 2
B. 3
C. 3.5
D. 4
D. 4
Economics
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Arbitrage
A) is the act of buying an item at a low price and reselling the item at a higher price. B) is the act of selling an item on consignment and collecting a huge portion of the proceeds to compensate for the seller's time. C) is any act of buying and selling that results in the seller earning an above normal profit. D) is the act of buying an item at a low price, bundling it with another and selling the new package at a much higher price.
Economics
Which factor of production includes crude oil deposits?
A) physical capital B) human capital C) land D) entrepreneurship
Economics