National income equals gross national product minus

A) inventories.
B) changes in inventories.
C) depreciation.
D) imports.

C

Economics

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Refer to the above figure. If the MPC is unchanged and level of autonomous consumption increases, what occurs?

A) Line EBD will shift up. B) Line ABC will drop down. C) Line ABC shifts up. D) Line EBD rotates and becomes steeper.

Economics

Estimates of the North American Native American population in 1491:

a. range in hundreds of billions. b. range in the hundreds of thousands. c. range in the millions. d. range in the tens of thousands.

Economics