Author Question: A marginal propensity to consume of 0.75 and a marginal propensity to import of 0.05 are associated ... (Read 62 times)

cnetterville · **on:** Jun 30, 2018

A marginal propensity to consume of 0.75 and a marginal propensity to import of 0.05 are associated with an open-economy spending multiplier of 3.33.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Based on widespread reaction to the threat of the H1N1 virus, the likely effect on the demand curve for hand sanitizers would be
a. a shift of the demand curve to the right.
b. a movement downward along the demand curve to the right.
c. a shift of the demand curve to the left.
d. a movement upward along the demand curve to the left.