The traditional Keynesian approach to fiscal policy assumes
A) exchange rates are fixed.
B) the focus of attention should be the long run.
C) prices are flexible while interest rates are not.
D) current taxes are the only taxes taken into account by firms and consumers.
D
Economics
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For "an increase in the quantity demanded" but not "an increase in demand" to occur, there must be a
A) rightward shift of the demand curve. B) movement along the demand curve. C) rightward shift of the demand curve and a movement along the demand curve. D) Both answers B and C are correct.
Economics
In the above table, the marginal revenue from the fourth unit of output is
A) $30. B) $147. C) $150. D) $180.
Economics