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Question: Other things being equal, lower real interest rates imply  a. More investment spending  b. Less i...

Show transcribed image text Other things being equal, lower real interest rates imply a. More investment spending b. Less investment spending c. More exports d. less imports Shortages _____ a. Can be eliminated by providing some of the good to each consumer b. Occur when the price is above equilibrium price c. Are due to the fact that quantity demanded exceeds quantity supplied at a given price d. Are identical to scarcity, but just shown through the use of the demand and supply model Equilibrium in a market occurs when a. Demand and supply are identical or equal to each other b. Price is at a minimum c. Quantity demanded and supplied are equal at a single price d. The quantity supplied is greater than the quantity demanded What is autonomous consumption for the economy a. $200 b b. $100 b c. .56 d. $150 b. e. cannot be determined from the information What is the marginal propensity to consume? a. .7 b. Cannot be determined from the information given c. .5 d. $100 billion e. $200 billion What is the marginal propensity to save? a. -.5 b. $100 billion c. -$200 billion d. .2 e. none of the above. Erica the land sea per bought $1,000 worth of trees and shrubbery to plant in a landscape for a new home which cost $135,000. She charged the homeowner $3, 500 for designing and installing the trees and shrubbery. The value added by Erica equals a. $1,000 b. $2,000 c. $3, 500 d. $135,000 If consumption expenditures are $100 million, gross domestic investment is $50 million, imports are $20 million while exports are $10 million, government spending is $40 million, social security spending is $15 million and sales of existing homes are $400 million then GDP is a. $220 million b. $180 million c. $590 million d. $195 million

Other things being equal, lower real interest rates imply a. More investment spending b. Less investment spending c. More exports d. less imports Shortages _____ a. Can be eliminated by providing some of the good to each consumer b. Occur when the price is above equilibrium price c. Are due to the fact that quantity demanded exceeds quantity supplied at a given price d. Are identical to scarcity, but just shown through the use of the demand and supply model Equilibrium in a market occurs when a. Demand and supply are identical or equal to each other b. Price is at a minimum c. Quantity demanded and supplied are equal at a single price d. The quantity supplied is greater than the quantity demanded What is autonomous consumption for the economy a. $200 b b. $100 b c. .56 d. $150 b. e. cannot be determined from the information What is the marginal propensity to consume? a. .7 b. Cannot be determined from the information given c. .5 d. $100 billion e. $200 billion What is the marginal propensity to save? a. -.5 b. $100 billion c. -$200 billion d. .2 e. none of the above. Erica the land sea per bought $1,000 worth of trees and shrubbery to plant in a landscape for a new home which cost $135,000. She charged the homeowner $3, 500 for designing and installing the trees and shrubbery. The value added by Erica equals a. $1,000 b. $2,000 c. $3, 500 d. $135,000 If consumption expenditures are $100 million, gross domestic investment is $50 million, imports are $20 million while exports are $10 million, government spending is $40 million, social security spending is $15 million and sales of existing homes are $400 million then GDP is a. $220 million b. $180 million c. $590 million d. $195 million