The business cycle refers to fluctuations in economic activity such as employment and production
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following assets has the greatest liquidity?
a) Checking account b) Share of stock c) Savings bond d) Real estate
Economics
Increases in the marginal propensity to consume (MPC), other things constant, _____
a. increase the value of the multiplier b. decrease the value of the multiplier c. increase the marginal propensity to save d. shift the aggregate expenditure curve downward e. cause a downward movement along the aggregate expenditure curve
Economics