Expansionary fiscal policy may have an even smaller effect on aggregate demand in the open economy than a closed economy
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The marginal propensity to save is defined as
A) the change in saving divided by the change in disposable income. B) disposable income divided by saving. C) the change in disposable income divided by the change in saving. D) saving divided by disposable income.
Economics
Which multilateral institution serves as the lender of last resort?
What will be an ideal response?
Economics