Suppose we have the following information about a plumber: wages $30,000, repair sales $200,000, taxes $5,000, loan interest $15,000, plumbing materials $20,000. What is the contribution to GDP of this plumber using the product approach?

The above figure shows the marginal benefits and marginal costs of a college education. If no subsidies are paid, enrollment equals

A) 0. B) 10 million. C) 15 million. D) 25 million.

The LM curve will shift to the right when government expenditures increase

Indicate whether the statement is true or false