« previous next »

Author Question: When an economy is operating at its full employment rate of output: a. the rate of unemployment ... (Read 93 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
When an economy is operating at its full employment rate of output:
 a. the rate of unemployment will be zero.
  b. output will exceed the economy's maximum sustainable rate.
  c. the actual rate of unemployment will equal the natural rate.
  d. the economy's potential rate of output will exceed actual GDP.

Question 2

If the marginal propensity to consume = 0.75, then:
 a. the marginal propensity to save = 0.75.
  b. the marginal propensity to save = 1.33.
  c. the marginal propensity to save = 0.20.
  d. the marginal propensity to save = 0.25.
  e. since the marginal propensity to save and the marginal propensity to consume are unrelated, we cannot determine the marginal propensity to save from the information given.


samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ... The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ...
Basic sliding effleurage using the palms of the hands provides full contact with the leg. Basic sliding effleurage using the palms of the hands provides full contact with the leg.
How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library