_____ refers to actions that one party in a transaction takes based on his private information and that affect the payoff to the other party

If the marginal propensity to consume (MPC) is 0.8, the multiplier will be

A) 1. B) 5. C) 0.8. D) 4.

As you eat a hamburger, there is less and less of it available for someone else to eat. This is the characteristic of nonexclusivity

Indicate whether the statement is true or false