The property tax is the most important source of _____ government revenue.

A. federal
B. state
C. local

C. local

Economics

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Consider an initial IS-LM equilibrium with normally-sloped curves. An increase in government spending shifts the ________ by a horizontal distance equal to the change in government spending ________

A) IS curve to the right, divided by the Chapter 3 multiplier B) IS curve to the right, times the Chapter 3 multiplier C) IS curve to the left, times the interest rate at the initial equilibrium D) LM curve to the right, divided by the Chapter 3 multiplier E) LM curve to the right, divided by the interest rate at the initial equilibrium

Economics

Normative analysis offers decision makers the most valuable information when choosing among alternatives

Indicate whether the statement is true or false

Economics