Author Question: In the table above, how many jackets must Mark forgo for every dress he makes? A) 2/3 of a jacket ... (Read 138 times)

krzymel · **on:** Jun 29, 2018

In the table above, how many jackets must Mark forgo for every dress he makes?

A) 2/3 of a jacket
B) 1 jacket
C) 24 dresses
D) 16 jackets
E) 1 1/2 jackets

Question 2

The value of the multiplier changes if the ________ changes.

i. marginal tax rate
ii. marginal propensity to import
iii. marginal propensity to consume
A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii