Gross fiscal expenditure in a country increased by $100,000 during a certain year. If the marginal propensity to save is 0.5, then real GDP in this country has increased by:
a. $125,000.
b. $50,000

Refer to the table above. Diminishing marginal returns sets in when:

A) the second worker is hired. B) the fourth worker is hired. C) the fifth worker is hired. D) the seventh worker is hired.

Under the Gramm-Leach-Bliley Act states retain regulatory authority over

A) bank holding companies. B) securities activities. C) insurance activities. D) bank subsidiaries engaged in securities underwriting.