« previous next »

Author Question: The father of modern economics that wrote The Wealth of Nations is: a. Karl Marx b. John Maynard ... (Read 62 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
The father of modern economics that wrote The Wealth of Nations is:
 a. Karl Marx b. John Maynard Keynes
  c. Adam Smith d. Thorstein Veblen

Question 2

If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is:
 a. 2.
  b. 5.
  c. 8.
  d. 10.


katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol
This portrait of Thomas Jefferson is considered an accurate likeness, painted when he was thirty-sev This portrait of Thomas Jefferson is considered an accurate likeness, painted when he was thirty-sev
King Njoya of Bamum in the Uniform of an Officer with His Father's Throne in the Old Palace King Njoya of Bamum in the Uniform of an Officer with His Father's Throne in the Old Palace
John Tackett in spring of 2003 at age 15 John Tackett in spring of 2003 at age 15
John Summit & Hayla - Where You Are (Lyric Visualizer) John Summit & Hayla - Where You Are (Lyric Visualizer)
Neanderthal and Modern Human Neanderthal and Modern Human
Video: Mechanisms of capillary exchange

For a complete list of videos, visit our video library