The multiplier will be greater, other things being equal:
a. the smaller the fraction of each dollar earned that goes to taxes

If the tariffs on textiles, apparel items, and footwear mentioned in the Application were replaced by equivalent voluntary export restraints (VERs), who would benefit the most?

A) the U.S. government B) high-income consumers C) low-income consumers D) the foreign manufacturer

A company that can build a project that will cost $50,000, but returns $52,000 in one year would make a good decision by turning this project down if the interest rate were 3 percent

a. True b. False Indicate whether the statement is true or false