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Author Question: A retailer buys goods worth 15,000 from a manufacturer and sells it for 18,250. He adds a value of ... (Read 136 times)

HCHenry

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on: Jun 30, 2018
A retailer buys goods worth 15,000 from a manufacturer and sells it for 18,250. He adds a value of ________ to the production process.
 
  A) 15,000 B) 3,250 C) 33,250 D) 18,250

Question 2

Which of the following is an example of a discretionary fiscal policy during a recession?
 
  A) A temporary tax cut to boost consumption
  B) A decrease in money supply to lower the federal funds rate
  C) A decrease in transfer payments to unemployed workers
  D) An increase in tax rates to increase revenue
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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s.meritte

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


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