Multiple Choice
The focus of the short-run macro model is on the role of
A) spending in explaining economic fluctuations
B) labor in explaining economic fluctuations
C) financial markets in explaining economic fluctuations
D) output in explaining economic fluctuations
E) resources in explaining economic fluctuations.
Correct Answer:

Verified
Correct Answer:
Verified
Q81: Suppose a $30 billion increase in government
Q82: In the short-run macro model,equilibrium occurs when<br>A)
Q83: Real consumption spending is inversely related to<br>A)
Q84: Suppose the marginal propensity to consume is
Q85: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q87: Transfer payments<br>A) shape the structural deficit<br>B) tend
Q88: If the expenditure multiplier is 3.5 and
Q89: Net exports<br>A) are the second largest component
Q90: The marginal propensity to consume (MPC)is typically<br>A)
Q91: The marginal propensity to consume tells us