Suppose the marginal propensity to consume is 0.75 and the government spending multiplier is 4. if the government decreases its purchases by $100 million, the aggregate demand curve will shift to the left by $ million. if the government increases income taxes by $100 million, the aggregate demand curve will shift to the left by $ million.
a) true
b) false

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment. b. structural and frictional unemployment. c. cyclical and structural unemployment. d. frictional, structural, and cyclical unemployment.

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased. b. the company's times interest earned ratio decreased. c. the company's basic earning power ratio increased. d. the company's equity multiplier increased. e. the company's debt ratio increased.

Which of the following is considered part of a country’s infrastructure?