Assume that the marginal propensity to consume is 0.90. As a result of an increase in the tax rates, the government collects an additional $20 million. What will be the impact on gross domestic product (GDP) ?

An increase in which of the following would cause the aggregate demand curve to shift to the left?

Assume that a banking system has limited reserves and the required reserve ratio is 0.25. If an individual deposits $1,000 cash into a checking account, what is the immediate effect on the M1 measure of the money supply and the maximum possible change in the M1 measure of the money supply?

The loanable funds market is best described as bringing together

List two functions of protein for the body.

A production possibilities curve that is concave to the origin (bowed out) implies that as more of a good is produced, the opportunity cost

Assume that the inflation rate is 10 percent and a bank account effectively yields a real rate of interest of negative 5 percent per year. Would a person be better off keeping money in the bank account or in cash?

Properties of Plant proteins:

What is the reactant in lipid oxidation?

The structure of casein micelles is stabilized in milk by the presence of