Case-Based Critical Thinking Questions Case 8-2 Brenda Is a College

question 8

Multiple Choice

Case-Based Critical Thinking Questions Case 8-2 Brenda is a college student who enjoys downloading music, movies, and television shows from the Internet. She also uses the Internet for other entertainment, such as sports. Because she is an avid baseball fan, Brenda has subscribed to the ____ feed of her local team so that news about her team is delivered to her as it becomes available.

• A) wiki
• B) RSS
• C) portal
• D) VOD

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Definitions:

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, which can affect purchasing power and inflation.

Aggregate Expenditure Line

A graphical representation of the total spending in an economy, including consumption, investment, government, and net exports, at various levels of income.

Marginal Propensity

The proportion of an additional increment of income that is spent on consumption. It reflects the change in consumption resulting from a change in income.

Multiplier

A factor by which an initial change in spending will alter total economic output by more than the initial monetary amount.