In the attempt to use deficits to fight the Great Recession, what was the size of the federal government's "stimulus" plan of 2009?
A) $7.87 billion
B) $78.7 billion
C) $787 billion
D) $7.87 trillion
C
Economics
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The marginal utilities associated with the first 5 units of consumption of good Y are 15, 15, 10, 7, and 3, respectively. What is the total utility associated with those 5 units?
a. 5. b. ?12. c. 12. d. 35. e. 50.
Economics
When a country experiences high inflation and unemployment simultaneously, which of the following problems should be addressed first?
a. High price level b. High unemployment c. Low aggregate demand d. Low aggregate supply
Economics